Shifting Gears Keith Martin
Cranking Up the Collector World
Collectible cars have been underpriced since 1991,
and only now are showing accumulated appreciation
the time was too short to put on a first-rate event, and we told Kevin
and the gang to plan for 2015. Luckily, they paid no attention to us.
I was fortunate enough to be asked to participate as emcee, and the
outcome of the event, held on January 12 at the Arizona Biltmore, was
nothing short of spectacular.
I’ve had the opportunity to participate as an announcer and emcee
in many car shows, from local show-and-shines to the Pebble Beach
Concours d’Elegance. I can say that the organizational structure of
the Arizona Concours was absolutely first rate — from the pre-event
dinner, to the staging of the cars, to the awards, to the afterglow party.
There were extraordinary cars on display, including a Cobra
Arizona enters the concours arena in style
I
love the way the collector-car year launches. Arizona in January
is like Mardi Gras, with cars to be auctioned replacing floats. The
procession of delectable automobiles is non-stop, with the six big
auctions pulling out all the stops.
For me, the action started earlier this year than usual. It included
a quick trip to London for a dinner at Bonhams’ new headquarters at
101 New Bond Street — a most tony address, in a most tony part of
a tony city. I was fortunate enough to stay at the Royal Automobile
Club. For a blue-jeans-bred, West Coast boy, putting on a tie to have
breakfast was an unusual occurrence. Wanting to have a traditional
English breakfast experience, I ordered kippers — smoked herring.
You can pass.
Bonhams CEO Robert Brooks and historian Doug Nye presided
over the evening. They unveiled a Ferrari whose history has been
shrouded and cloudy for decades, and is now finally coming clear in
preparation for it being offered for sale at no reserve. A 1954 375Plus,
s/n 0384AM, it is one of six made — and only four survive. Its
sister cars won both the Mille Miglia and the Carrera Panamericana
outright, demonstrating that this is indeed a potent machine.
The car will be featured at the Bonhams sale at Goodwood on June
27, and we’ll have more information as we get closer to the event.
Brooks and Nye are confident that their research will provide bidders
with the level of comfort necessary to raise their paddles up through
the eight-figure level (I predict the car will bring $15m–$20m).
I do have one suggestion — Ferrari Classiche has not verified the
car. While I understand that Classiche certification is viewed less enthusiastically
by many European parties than those in America, nonetheless,
it is the “gold standard” stamp of approval that proclaims that
a car is genuine. When the bidding is expected to be stratospheric, for
a car with a previously disputed history, I believe it would be money
well spent to get that final stamp of approval.
I had arrived in London on a Wednesday, had the dinner meeting on
Thursday and was on a 747 to Arizona on Friday afternoon. Luckily,
British Airways has a direct flight from Heathrow to Sky Harbor, so
my Kindle and I got reacquainted during the 10-hour trip.
The Arizona Biltmore and a concours
Less than a year ago, Arizona car collectors Kevin Cornish, Ed
Winkler and Chuck Stanford audaciously decided to put on the first
ever Arizona Concours d’Elegance. All of the cognoscenti agreed that
18
Daytona coupe, a bevy of important Maseratis, including a 150S, a
300S and a Birdcage. Even better, more than $23,500 was raised for
the Make-A-Wish Foundation, which grants children with terminal
illnesses a chance to make a dream come true. The foundation had
been hoping for $7,500, which would fund one wish. Author Clive
Cussler and his wife, Janet, contributed $7,500, which helped push the
total upward, and another $3,000 gift by a thoughtful collector at the
afterglow party completed the generous contributions of the day.
The winner of the Best of Show award at the concours was a 1925
Hispano-Suiza H6B Cabriolet de Ville owned by SCMer Donald
Nichols of Lompoc, CA.
Next year’s event is scheduled for January 11. I will be returning
as emcee, and I look forward to seeing you there. For updates, go to
www.arizonaconcours.com.
Sold! Sold! Sold!
Monday was my day off in Arizona, and I made a quick trip to
the aviation boneyard known as the Pima Air and Space Museum
in Tucson. If you think it is difficult to find a place to garage your
cars, imagine having B-52 bombers and P-51 fighters to display. The
museum itself, as well as the attendant tour of mothballed warplanes
of current vintage, including F-15s, at the nearby 309th Aerospace
Maintenance and Regeneration Center, was breathtaking in its scope.
Then it was auction time. I spent most of my time under the Barrett-
Jackson tent, as we were shooting new episodes for “What’s My Car
Worth.” They will show on Velocity starting in July. But I had a chance
to visit Gooding, RM, Bonhams, and Russo and Steele. The mood in
all the tents was buoyant, and strong, high-quality cars continued to
bring strong, high-quality prices.
The proof in that pudding is the overall sales total of $253m, up
12% from the $225m of Arizona 2013. Overall sell-through rate was
84%, the same as last year, and average price per car went from $100k
to $108k.
It wasn’t explosive growth, but it was forward movement of the
market in an almost calm, predictable way.
I’m always asked if we are in a bubble. I don’t believe so. I continue
to maintain that cars, as collectibles, have been underpriced since
1991, and only now are showing the accumulated appreciation you
would have expected. Also, it is the historically important cars that are
showing the strongest value increases, which makes sense as people of
means compete for scarce objects. Ordinary, high-production cars are
flat or falling, which is as it should be as well. Most cars are just cars,
and only a very few cars are special.
The next mega-event on the collector-car circuit is Amelia Island,
with RM, Gooding and now the Hollywood Wheels auction at the
Festivals of Speed. Few places on Earth are as pleasant as Amelia for
watching gearheads throw money at high-end cars. I, along with the
SCM gang, will look for you there. ♦
Sports Car Market
Carl Bomstead

Crossing the Block Tony Piff Images courtesy of the respective auction companies
The Bunkie Knudsen GM styling car at Mecum Houston
Jaguar Mk V drophead coupe, a
1935 Packard Model 1207 convertible
coupe and a 1937 Cord
Model 812 phaeton.
H&H – Imperial War Museum
Where: Duxford, U.K.
When: April 23
More: www.handh.co.uk
Last year: 57/93 cars sold / $2.9m
This sale always features a
healthy assortment of Jags, Rolls,
Benzes and Porsches at a range
of price points. The average car
sells around $50k, but last year
a 1955 Mercedes-Benz 300SL
Gullwing made headlines when
it sold for $1m. The early star car
this time around is a well-sorted
1964 Lotus Elan GTS, developed
into full 26R spec, but retaining
original hard top and trunk lid.
Mecum Auctions — Kansas City Spring
Where: Kansas City, MO
When: April 24–26
Web: www.mecum.com
Last year: 446/699 cars sold /
$9.5m
750 classic cars will cross the
block at this Heartland classic.
A 1936 Ahrens-Fox BT fire
truck was the most expensive lot
here last year at $133k, and the
average sold price was $21k. You
can count on a strong selection of
muscle cars, hot rods and pickups,
plus some foreign cars and
imports thrown in for variety.
Leake Auction Company — Dallas
Spring 2014
Where: Dallas, TX
When: April 25–26
Web: www.leakecar.com
1964 Lotus Elan GTS at H&H Duxford
At their November Dallas
sale, Leake’s sales totaled $9.5m
among 365 lots, and sold cars
averaged $26k. A 2006 Ford GT
was the high sale at $218k. The
early star car this time around
is a 2014 Ford Mustang Super
Cobra Jet. Leake’s high-energy
dual-auction-block setup is a
spectacle not to be missed.
Specialty
Where: Brighton, CO
When: April 26
Web: www.saaasinc.com
2014 marks Specialty’s 28th
year doing Colorado auctions.
This sale takes place at the
Adams County Regional Park
Fairgrounds. Specialty expects
150 vehicles. Look for a mix of
Detroit iron, tricked-out customs
and European sports and luxury
cruisers.
Bonhams—The RAF Museum
Where: Hendon, U.K.
When: April 28
More: www.bonhams.com
Last year: 68/97 cars sold / $2.6m
This annual auction takes
place at the Royal Air Force
Museum, with vintage fighter
planes and helicopters looming
overhead. Price per car averaged
$38k last year, and the consignments
ranged from a $1,780 1984
Opel Manta to a $193k 1955
Jaguar XK 140 drophead coupe.
A 1951 Bentley S1 Continental is
the featured early consignment
this time around. ♦
1950 Jaguar Mk V drophead coupe at Barrett-Jackson Palm Beach
26
2014 Ford Mustang Super Cobra Jet at Leake Dallas
Sports Car Market

Page 26

Inside Line Alex Martin-Banzer Send news and event listings to insideline@sportscarmarket.com.
The La Jolla Concours d’Elegance celebrates its 10th anniversary April 11–13
Events
■ You know it’s spring in driz-
zly Portland, OR, when thousands
of gearheads shop outside at two
massive swapmeets. Come early
for the most selection, and don’t
forget your rain gear.
The Portland International
Raceway Auto Swap showcases
more than 1,500 vendors. You’ll
walk more than two miles to see
all the booths. It all takes place
from April 3 to 5, and this parts
extravaganza is located right next
door to the even-bigger Portland
Swap Meet. Admission is $7 per
day, and free for children younger
than 12. www.portlandraceway.
com (OR)
■ The Portland Swap Meet,
one of the West Coast’s largest,
longest-running classic auto gatherings,
takes over the Portland
Metropolitan Expo Center from
April 4 to 6. With 3,500 booths
and 1,500 vendors focusing on
classic cars, there is something
for everyone. Admission is $7 per
day for adults and $4 on Sunday.
www.portlandswapmeet.com
(OR)
■ If you have a sports, racing
or Grand Touring car that rum-
28
bled to life before 1974, it’s time
to sign up for the 24th Annual
Bell Lexus Copperstate 1000.
Beginning Saturday evening,
April 5, with a Driver’s Dinner,
the four-day tour is a whirlwind
of scenic and challenging back
roads through the southern part of
Arizona, as well as fabulous hospitality.
After a 1,000-mile journey
that ends on April 9, you’ve
officially started the vintage-car
season. Entry fee is $5,950, which
includes all meals and lodging
for the driver and co-driver. For
more information, visit www.
mensartscouncil.com/cs (AZ)
■ The La Jolla Concours
d’Elegance celebrates its 10th
anniversary from April 11 to 13.
The Rolls-Royce Motor Cars
Contemporary Classic Cocktail
Party on Friday night starts the
weekend. Saturday will feature
the annual Ferrari and Maserati
of San Diego Motor Tour. Sunday
brings the concours d’elegance.
This year, La Jolla will celebrate
European racing history, with
cars from the very first days of
racing, through modern competition
cars. Publisher Martin
returns as emcee. Advance
general admission is $40, or $45
on the day of the event. A related
car show, the La Jolla Motor
Car Classic at the Concours,
is free to the public and is near
the concours grounds at Ellen
Browning Scripps Park. www.
lajollaconcours.com (CA)
■ The Spring Carlisle Col-
lector Car Swap Meet, Corral
and Auction fills the sprawling
Carlisle, PA, Fairgrounds from
April 23 to 27. The 150-acre
fairgrounds will seethe with all
things automotive, including
8,100 booth spaces and a car corral
filled with at least 2,000 autos.
Don’t forget the Spring Carlisle
Auction. This is a weekend to
share with passionate gearheads.
Admission is $10 for April 23–26,
and the price drops to $7 on April
27. An event pass is $30. www.
carlisleevents.com (PA)
■ The 24th Annual Califor-
nia Mille will carry the spirit of
Martin Swig along 1,000 miles of
Northern California’s best roads
from April 27 to May 1. About 70
driver and co-driver teams will
pilot pre-1958 cars. All meals and
lodging are included in the entry
fee. For more information, visit:
www.californiamille.com (CA) ♦
The Portland Swap Meet
Sports Car Market
Courtesy of La Jolla Historical Society
Jim Pickering

You Write We Read
All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208.
Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com
No grade inflation for the
DB5
To the Editor:
I just received my SCM Price
Guide with the February 2014
issue of SCM. It is a handy and
very intuitive guide that hits all
the high spots when getting a
quick thumbnail on exotic-car
pricing and projections.
I would question your rank-
ing of the Aston Martin DB5 as
a “B” rank car in the continuum
of exotic cars. Your definition
for an “A” car seems to aim right
AT the DB5: “Cars that will
always have a following and will
always bring strong money when
offered for sale. They embody
the attributes of style, performance,
historical significance,
rarity and competition history
that often typify first-rank collectibles.”
In the court of public
opinion, current movie culture,
enduring character association,
and the effect on uncounted
young 10-year-old boys in 1965
and beyond — what OTHER
car has the same panache as
the DB5? The same “slug you
in the gut” amazement when it
rolls out in “Goldfinger”? I can’t
think of ONE.
If your “A” ranking criteria
beyond your written description
is strained through the prism
of rose-colored Ferrari bias,
I remind you the DB5 is also
hand-built, bespoke, with a winning
race heritage, innovative
engine and superb styling.
A 1967 Jaguar E-type 4.2
convertible ranks an “A” rating
— higher than the DB5?
I would argue the Aston
Martin DB5 deserves an “A”
ranking, as it qualifies under
each and every one of your
criteria — and THEN some
with the lasting impact of the
James Bond mythos, iconic,
superb styling, and the fact the
DB5 was the final pinnacle of
development for ALL the DB4
series of cars. David Brown
himself thought the DB5 was
the top. The Aston Martin DB5
continues to speak to new collectors
today, and more all the
time. Change the ranking. The
car deserves it. — Stephen H.
Gentner, Portland, OR
32
I remind you the DB5 is also hand-built, bespoke, with a winning
race heritage, innovative engine and superb styling
Keith Martin responds:
Stephen, you make a good case.
We’ll keep your appeal in mind
when we review values for the
Summer 2014 Price Guide update.
We appreciate your passion.
No 4-banger for the
230SL
To the Editor:
While glad to see space
given to the Mercedes-Benz
230SL, 250SL and 280SL cars,
(“Affordable Classic,” March
2014, p. 34) I would also think
that you would strive to get the
details correct. I can appreciate
that one person’s definition of
“quite rare” as applied to the
number of cars with 4-speed
manuals can vary with another’s
(I would not so classify); overall
production for the 113 cars had
about 77% automatics, so there
is a bit of definitional wiggle
room. The 5-speed transmission
would truly fall into the “quite
rare” category, however.
There were two rather
egregious errors that should not
have made it into print. The car
is equipped with a 2,306-cc,
inline 6-cylinder engine, NOT a
4-cylinder engine. Also, the curb
weight for the 230SL is listed at
1295 kg in the Mercedes-Benz
technical information (about
2,849 pounds) vs. the 3,600
pounds listed.
I do own two of these great
cars (a 250SL and a 280SL). —
Jon Bernardi, via email
Gary Anderson responds:
This is really embarrassing. I
referred to the engine as a 4-cylinder
engine, when it obviously
is a 6-cylinder car.
The other error was a bit
more subtle — but still wrong.
I referred to “curb weight of
3,600 pounds” when, in fact,
that is “loaded weight.” I
grabbed the numbers out of the
wrong line in the table I was
looking at. The actual curb
weight is 3,124 pounds with the
hard top on. I apologize for the
confusion in the article.
Prescott’s program
To the Editor:
Prescott Kelly makes a
very convincing case for the
upgraded collectibility of the
911 G-series Porsches (“German
Profile, February 2014, p. 60).
Yet, he fails to see the appreciation
of the 3.2-liter Carreras in
particular, especially the G-50
transmission 1987–89 models.
Furthermore, his statement that
the Silver Anniversary Editions
are “distinctive, but not worth
the premiums they sometimes
draw,” is absurd, given the
low numbers produced (120 in
silver), distinctive special paint
and trim, and individual dash
plaque with each car. These editions
are poised to skyrocket in
value! The 406 Weissach Edition
SCs are also climbing in value.
Special-edition 3.2s are becoming
very desirable of late, Mr.
Kelly. You need to get with the
program. — Kenneth Gutwein,
Glen Cove, NY
Prescott Kelly responds: Mr.
Gutwein, I am not certain what
we did to invoke your dismay,
but let’s deal with your email,
point by point:
You said, “Yet, he fails to
see the appreciation of the
3.2-liter Carrera in particular,
especially the G-50 transmission
’87–89 models.” I do not agree.
In fact, I like those models and
recommend them. And, on the
Sports Car Market

In Miniature by Marshall Buck
1939 Delahaye 165 V12 cabriolet
This car has to be the absolute epitome of au-
tomotive Art Deco design — right from Figoni et
Falaschi. There were two of these jaw-dropping,
V12-powered automobiles built. Our subject vehicle,
chassis 60744, was the second, and it was built
for the 1939 New York World’s Fair, where it was
displayed in the French Pavilion.
This red stunner is the second 1:18-scale re-
lease in “The Mullin Automotive Collection” by
Minichamps. It is a numbered edition, but it is not
too limited. Many are available on eBay and at
model dealers.
This particular Delahaye has long been a favorite of collectors. A few
other manufacturers released models in 1:43 and 1:24 scale, so it comes as no
surprise that the interest and proliferation continues — but now with a larger
piece. As with all of the models in the Mullin Collection, it is a curbside
(no opening panels), mid-volume production piece. It is supplied mounted
to a base in a nice box, with some printed information inside the lid. The
base is covered with printed cardstock simulating the image of a cobblestone
street, but it looks one-dimensional. A photo-etched numbered plate is also
attached to the display surface. Overall, it is nice, but it’s also somewhat of a
cost-cutting presentation and not befitting the car or the Mullin Automotive
Museum.
The best part of this model is its body shape,
Model Details
Production date: 2013
Quantity: 1,002
SCM five-star rating:
Overall quality:
Authenticity:
Overall value:
Web: www.minichamps.de
which is perfectly captured, and far better than
any of the 1:43-scale and 1:24-scale renditions
out there. Its overall stance is also spot-on.
However, there are a number of flaws and
areas that, for this price point, should be better.
This is not a bad model, but it is certainly not all
that it should be — especially for the price and
affiliation with the Mullin Automotive Museum.
The high-gloss, bright-red paint looks great
Speaking Volumes by Mark Wigginton
Follmer: American Wheel Man
By Tom Madigan, ejje Publishing, 336 pages, $59.95
There is a wonderful photo deep in Follmer: American
Wheel Man. George Follmer is leaning against a guardrail at
Monaco, helmet off, the shattered remains of his Shadow F1
car behind him. All the wheels point in different directions
— a victim of nothing more than bad luck (a steward made
a mistake and released another car from the pits and he hit
Follmer as he went by).
It is emblematic of Follmer’s career, which featured more
than his share of misfortune that kept him from even greater
success. His career went in as many directions as the wheels
on the Shadow, along with more than a few under-funded
teams and some marginal equipment.
Follmer won titles in Trans-Am, Can-Am and USRRC,
and he won an Indy car race as well as an IROC race, plus
a podium in Formula One, a podium at the 24 Hours of Le Mans and
three top-five finishes in NASCAR. But what would those numbers have been
if he had found the right backers early on and gotten into the right cars? He
never disappointed, although his equipment often did.
Follmer was fast in whatever he drove, giving teammates fits (Jones in
Trans-Am and Jackie Oliver in F1), and he was always one of the toughest,
no-quarter-given drivers around.
Racing came late to Follmer; he didn’t really start as an amateur until his
late 20s, and he was 39 when he made his first start in Formula One. He was
largely on second-tier teams. Follmer’s first championship in the USRRC
came driving his own under-2-liter car that he tweaked and manhandled
enough to run with the faster cars, along the way amassing enough points to
barely beat Jim Hall for the title.
40
Written by well-regarded motorsports journalist Tom
Madigan, American Wheel Man stitches together long interviews
with Follmer, famous drivers who battled him, car
builders (including the mysterious Don Nichols)
and friends to create a portrait of an underappreciated
career.
It’s a great look back at a record that, though
enviable, only hints of the talents of George
Follmer.
Provenance:
Madigan knows his way around a track and a
keyboard, and he has gone right to the source for
in-depth interviews with the people intimately
connected with Follmer’s career.
Fit and finish:
The publisher is Ed Justice Jr., and their second
book is handsomely designed, with a large selection of photos
and a simple look that gets out of the way of the story.
Drivability:
At first I found the structure of the book (Madigan’s text
that sets up or explains segments of essentially interview transcripts)
uncomfortable, but the more I read, the more I found
it to work. The first half consists of the people who crewed or
raced with Follmer telling their stories, and the second half
is Follmer himself “letting the tape run.” It’s as if you were
sitting down with Follmer himself as he bench-races through
his career. It’s a nice way to spend a few hours, and a nice
tribute to a notable motorsports career. ♦
Sports Car Market
— until you get closer and can see noticeable
orange peel on most surfaces.
Overall the chrome trim is well done,
but some of the parts are also a little
rough, and some of the more delicate
chrome is not attached well. It lifts off
of the body and requires very careful
reattachment.
The radiator, although modeled
perfectly for shape, is missing any attempt
to replicate the removable cover
plate from the lower area of the center strip. Minichamps
has properly replicated the majority of exterior details, but
somehow they forgot to add any of the snaps for the convertible
top around the rear of the cockpit.
The interior is good, with deep-red carpeting and con-
trasting white seat and door panels. The simulated wood
trim on the door tops and dash top is nice, but the dull finish
is incorrect, as it should be high-gloss.
The dashboard has all the switch gear and gauges repli-
cated. Some of the switch gear is great — as it is composed of
separately made and attached chrome-plated parts. Other parts
are simply molded in place and just got a touch of paint. The
gauges are okay, but they do leave you wanting a little more.
The controls on the steering column are there, but they
are a bit heavy-handed. Why they chose to use flat metal
strips instead of better parts to make the well-recognized
stepped chrome spokes of the steering wheel is a mystery.
Looking into the window recess in the door tops, there is a
nice surprise with the chrome window frame tops poking
up just a hair, which is very nice. The mixture of good and
the bad here is perplexing — it’s a bit like the oxymoron of
“jumbo shrimp.”

Off-Roadable Classic Toyota FJ40 Land Cruiser
wants to take the FJ40 to
the way it was originally
manufactured.
To a lesser extent, this
is also what’s happening
with the first-generation
Ford Bronco. However,
the Bronco didn’t have the
meteoric rise of the Land
Crusher, so the rises and
falls are not as dramatic.
Yet they are still there.
A downhill grade
for many
It’s a gamble to forecast
collector-car prices (let
alone collector trucks), but
my cloudy crystal ball says
the fast climb to the summit may be over for most FJ40s.
I’m even more certain that we’ve reached the peak prices on modified examples —
and yes, that means powertrain-component swaps and other deviations from stock that
can’t be changed with a socket set in the parking lot.
As seen in about every other facet of collector cars, the superb, bone-stock ex-
amples will continue to hold their own, with the few ultra-rare, high-quality, original
examples (not to be confused with neglected barn finds) at the top of the market.
Even the modern retro FJ40 has fallen from grace. It is scheduled to be retired at
the end of the 2014 model year — thanks to lackluster sales in recent years. As such,
it falls lockstep with just about every other retro-mobile: Sales are strong in the initial
few years for those who want a modern version of their icon, but after they get theirs,
everyone else — especially Generation X and younger — couldn’t care less.
Let’s just say the FJ40 has evolved from a flavor-of-the-month speculator special to
a solid collectible, with predictable pricing. ♦
Details
Years produced: 1963–83 (official exports to the U.S. market)
Number produced: 349,481
Original list price: $2,975 (1963) to $10,408 (1983)
Current SCM Valuation: $30,400–$48,300
Tune-up cost: $350
Distributor cap: $15
Pros: A Toyota FJ40 Land
Cruiser in good condition
will get you through
rough country, and it
looks good getting dirty.
One in original — or
nearly original — condition
turns heads.
Cons: A Toyota FJ40 Land
Cruiser is meant to
get dirty, and a shiny,
concours-ready example
looks silly.
Best place to drive one:
Where the pavement ends and the fun begins.
Typical owner of a shiny FJ40: Dresses down by wearing Abercrombie & Fitch or
L.L. Bean designer outdoor gear. The closest they get to taking their coddled
FJ40s off-road is when they park on the shoulder. The truck is probably a
garage ornament.
Typical owner of a dirty FJ40: If there’s still a label left on what they’re wearing,
it reads “Carhartt” or “Dickies.” Wouldn’t own a Big Three-built vehicle of any
kind — especially any modern SUV, CUV thingy. The truck never rolls on paved
roads, unless it’s crossing a trail or bike path.
Club: Toyota Land Cruiser Association
More: www.tlca.org
Alternatives: 1955–83 Jeep CJ-5, 1976–86 Jeep CJ-7, 1966–77 Ford Bronco,
1961–70 International Scout, 1971–80 International Scout II, 1958–71 Land
Rover series IIA
SCM Investment Grade: B
46
Sports Car Market

Page 46

Collecting Thoughts A “Fast N’ Loud” Ferrari
Monkeying With an F40
Who doesn’t love a Ferrari that has been re-engineered to be better?
Ferrari experts, that’s who
by Stephen Serio
Fast, loud and expensive as a $743k hot rod
common sense into anyone who blindly believes anything that is thrust upon them.
Yes, I’m talking about the collector-car world. Line starts to the left; who’s first?
The worst offenders are those responsible for the appalling state of reality “car
P
hobby” television.
MTV started this reality dreck with “The Real World” years ago, and we can now
thank broadcast and cable television for countless hours of misery. I refer to all this
as “throw-up-in-your-mouth fodder.” It is produced and manufactured to keep you in
front of a TV instead of working on, staring at, reading about or actually going out and
driving a fun car. (This is all going to tie together soon, I promise.)
I’m waiting for “Pimp My Barn Find,” and my life will be complete. “Look, Biff,
it’s the missing Sebring-winning TestarottenTomato. Let’s restore it in our backyard,
put flames on it — and a fish tank in it — and send it to auction!”
Asking questions always helps
I am first and foremost the world’s biggest skeptic. I’ve earned that title from want-
ing to protect myself, my clients and all potential future customers from any mistake
when buying a car.
My motto is that my Four Cs — cynical, critical, caustic and careful — lead to my
Four Hs — health, happiness, humor and hair. This is banal and childish, but it works
for me. It also keeps me from buying cars that have a restamped engine, were built up
from ash or for which the only original part might be the ignition switch.
I don’t blindly believe any catalog, magazine, online ad description or verbal dis-
sertation from an unknown source — be it a private individual, broker, dealer, auction
house or cable TV show host.
Unless I have owned the car from new, I need to investigate, study and challenge
everything about the car that I might buy.
Now here is the part where you the reader can take all of that disclaimer and laugh
at it, stomp on it and say, “Yeah, big deal; you don’t know diddle-nuts, kid!” In short,
48
lease read and understand this disclaimer before venturing into this rather
polarizing and mind-bending report: The opinions expressed in this article
are mine and mine alone.
I am SCM’s overly opinionated curmudgeon. I happily volunteer to slap
how does the “Fast N’ Loud” 1991 Ferrari F40, Lot 5072
at Barrett-Jackson Scottsdale, sell for $742,500 to a very
seasoned, savvy car buyer?
Digging into the facts
I intensely studied the history of Lot 5072. I used the
Internet and my 6-year-old’s smartphone. This car was
a nice, low-mileage, straight F40 — until a mechanic
crashed it in Houston, TX.
Crashed exotic cars cannot escape the
WorldInterGoogle easily — if ever — and the ire of
countless bloggers and chat-room folk filled page after
page. A scant 30 minutes of serious research on Jalopnik,
FerrariChat and the Discovery Channel — where the
good folks at Gas Monkey Garage documented every
step of the repair — led to interesting thoughts, questions
and conclusions with regard to the aforementioned,
ahem, F40. Specks, orts and half facts are all out there
buried in the chatter.
Searing questions flared in my noggin. Call these
MASSIVE WARNING SIGNS if you must label them.
Let’s start with the obvious three:
First, why wasn’t that crashed F40 totaled? Yes, ac-
cording to the auction report, CARFAX claims the airbags
didn’t go off. Hmmmm… Airbags? Who? Where?
The car wasn’t sold on a salvage title, so I guess the
insurance folks deemed it repairable. Fair enough, as it
is a valuable car and parts should be available.
Second, so why wasn’t this crumpled F40 sent back
to Ferrari, where the people who built it could repair it
like new, certify it and put their stamp of approval on it?
Finally, who thought it was a good idea to turn the
Sports Car Market
Courtesy of Barrett-Jackson

Page 47

F40 into a resto-mod? I ask this because that’s what happened when the Gas Monkey
wrench spinners — and their so-called ability to make this car better than new —
stepped before the cameras.
After all, who doesn’t love a Ferrari that has been re-engineered to be “better,”
mechanically modified and upgraded, color changed and fitted with many non-original
parts?
Most every Ferrari dealer, collector, broker and enthusiast I know, that’s who.
This is where “Won’t it make great reality TV show to fix it and then SELL IT FOR
A BIG PROFIT” comes into play. Ugh....
From fickle to fiasco
From personal experience, I know that the Ferrari F40 market is extremely fickle.
Many of these cars are traded, and sales comps are plentiful, as they are hyper-car
commodities like the 288 GTO, F50 and Enzo.
But here’s the mind-bender for me: Ferrari F40 buyers generally take out their mag-
nifying glasses and scrutinize anything that could be amiss. Buyers peer through microscopes
at provenance regarding United States or Euro spec, mileage, factory recalls/
updates, ownership, service history, accident damage, track use, overall condition and,
of course, the dreaded killer of all Ferrari deal killers — IS IT FACTORY CERTIFIED?
If the original keys are scratched, F40 buyers walk away. The car cover was re-
placed? No sale.
“What’s that, you say? The car has 700 miles on it, but 50 were on a track? I gotta
get a third, fourth and fifth inspection now. Tracks are evil! Gotta crack-test everything,
so when I park it for the next 10 years I’ll know it’s safe!”
I could go on and on and on, but I’m running out of space here.
Then again, did someone breathe the Arizona ether and get drunk on the Ferrari
market upward swing? Are hyper-car resto-mods the next big thing? Was someone
looking for a track toy to flog until the color change comes off and the custom rims get
compromised from wide-open throttle? What gives?
Reality TV provenance
Maybe I’m too harsh. Maybe I should be more understanding of cars that have
a tiny backstory. I guess new Ferraris can be built up and fixed like the GTOs and
Testarossas that were heavily damaged and repaired by
the Gas Monkey garages of the 1960s — you know, the
ones near Le Mans and Monza.
Nah, I’m still doing my due diligence, and in conclu-
sion, you should do yours. When you buy, buy what you
deem to be original, correct and well maintained.
When you resell your dream car — and you will — a
car without exceptions and without excuses will still remain
the most desirable. If these hyper-cars come down
in value, you want to be holding a great, no-stories car.
Simply put, you want the best of the best in your
garage.
With Lot 5072, we have a data point that represents
the floor — okay, basement — of the F40 market on that
day. The other side of the coin is that $900k to $1.5m will
get you a much finer F40, but you’ll have to understand
and live with the fact that there will not be cable TV
provenance to go along with it. Don’t let that bum you
out too much.
In conclusion, EXTREMELY well sold. Again, my
two cents. ♦
April 2014
49

Page 52

Legal Files John Draneas
High Prices, High Taxes
You can defer income taxes from the sale of a collector car — if you buy
another car of similar value
rebuild the engine twice over the life of the car, you only
count the second rebuild
• Costs incurred immediately before the sale for the
purpose of making the car ready for sale — here,
there is more leeway to count repairs, detailing and
so on
Tax rates are key
Your collector car should qualify as a capital asset,
meaning that your gain is taxed as a capital gain. This is
favorable if it is a long-term capital gain — you owned the
car for at least one year when you sold it. But that can still
lead to overall rates as high as 37.1%. This is how it works:
1. The maximum federal rate is now 20%. (The 28% rate
for collectibles does not apply because cars are not defined
as “collectibles” under the tax law.)
2. Add another 3.8% for the new tax on net investment
T
income, often referred to as the Medicare tax. This applies
if your adjusted gross income is at least $200,000 ($250,000
on a joint return). The first catch is that the gain on the sale
of your collector car counts toward this threshold, and can
be enough by itself to put you over. The second is that, once
you exceed the threshold, all of your net investment income
is subject to the 3.8% tax.
3. State income taxes vary by state, with a high of 13.3%
he 2014 Scottsdale auctions showed that many collectors are taking
advantage of the hot market and selling cars for record prices. But
many of those collectors are also learning that we are in an era of
high income tax rates.
So, how can collectors minimize the tax costs?
Basic tax principles
Let’s start with some basic principles. The gain on the sale of your
collector car is the difference between your net sales price and your
income tax basis.
Your net sales price is the gross amount received, less your selling
expenses. In an auction setting, the selling expenses can be substantial
and include:
• All fees paid to the auction company, including your entry fee, the
seller’s commission, any incidental expenses charged to you and
so on
• Costs to transport the car to the auction
• Your airfare, lodging, meals and other travel expenses to from and
during the auction, as your presence at the auction is important to
the result. You can also count your spouse’s expenses if she is a
co-owner of the car and participates in the effort
• Compensation and travel expenses of your employees and agents
who assist in the process
Your income tax basis is essentially the record of your investment in
the car. It starts with your purchase price and can include:
• Pre-purchase inspection expenses, including travel expenses for
you, your employees and agents
• Costs to transport the car to your home or storage facility
• Costs incurred to make the car ready for its first use, such as repairs,
restoration, paint, etc.
• Cost of improvements made to the car during your ownership, but
with two limitations: (a) Ordinary repairs (oil changes, tune-ups,
brake jobs, fixing broken parts) don’t count. Only major improvements
(such as engine rebuilds and restorations) can be counted.
(b) You can’t count repetitive improvements. For example, if you
54
in California. Some — but not all — lower their rates on capital gains.
4. Your state income taxes are deductible on your federal return, but
the alternative minimum tax and itemized deduction phase-outs make it
questionable how much, if any, benefit you will actually receive.
Add all that up and you can get a 37.1% combined rate.
Things get worse if you owned the car for less than a year. That
makes it a short-term capital gain, which is taxed as ordinary income
at a maximum federal rate of 39.6%. Points 2, 3 and 4 stay the same
however, so your combined rate can be as high as 56.7%.
Like-kind exchanges
No surprise here — income tax rates send many collectors looking
for ways around the tax. Unfortunately, there is no way to avoid the tax.
But you can defer it if you use a like-kind exchange to reinvest the sales
proceeds in one or more other collector cars.
Let’s take a simple example. You are selling your Ferrari Daytona for
$450,000. You bought it long ago for $150,000, so you have a $300,000
long-term capital gain on the sale. At the 37.1% maximum combined tax
rate, that will cost you $111,300 in tax, leaving you only $338,700 with
which to buy another car.
You can avoid paying that tax by using a Like-Kind Exchange (also
known as a 1031 Exchange). To do that, you have to engage the services
of an accommodator. In its simplest form, the process works like this:
First, you find a buyer for your Daytona and enter into an appropri-
ate sale agreement, which contains a provision allowing you to convert
the transaction into a like-kind exchange.
Next, before completing the sale, you enter into an exchange agree-
ment with the accommodator, assign your sale agreement to the accommodator,
and inform the buyer of the change.
Now, the sale is completed, with the buyer paying the $450,000 sale
price to the accommodator and you transferring the title and releasing
the Daytona directly to the buyer.
Next, you locate a replacement collector car, and enter into a pur-
chase agreement with the seller.
Finally, you assign the purchase agreement to the accommodator,
Sports Car Market

Page 53

who pays the $450,000 to the seller. The seller transfers the title and
releases the replacement car directly to you.
End result — no gain is recognized, and no tax is payable. Your
basis in the replacement collector car is the $150,000 basis from the
Daytona, transferred over. If you later sell the replacement car for
$450,000, you recognize the same $300,000 gain. Thus, the gain is
deferred, not avoided.
Devilish details
There are two very strict deadlines to be aware of, with no exten-
sions allowed:
• You are allowed a maximum of 45 days from the day that you
transfer the Daytona to identify potential replacement cars. They
must be specific cars — not just marques or models. Once the 45
days pass, you cannot identify additional potential replacement
cars.
• The purchase of one or more of the cars you identified must be
completed within 180 days from the day that you transfer the
Daytona.
Of course, you can do everything within the 45 days. However, the
180-day limit can be useful when work needs to be done on the replacement
car before you purchase it. The trick is that, for the work done on
the replacement car to be considered part of the exchange, the work
must be done by the seller or the accommodator before the 180 days run
out — and before the car is transferred to you. You can’t count the cost
of work done by you or after the deadline.
Timing can be very quick in an auction setting. The accommodator
must become involved before the sale is made. That should be the day
the auction company releases the car and the title, but the IRS could
view it as the day the hammer falls. Give the auction company early
notice of your plan.
The numbers don’t often work out perfectly. If the replacement car
costs more than $450,000, you can add in the difference. Your basis in
the replacement car then becomes $150,000 plus the additional money
you paid. If the replacement car costs less than $450,000, you can take
the remaining money, but it is taxable.
You can reinvest in more than one car. You can identify up to three
replacement cars, more than three if you meet some technical requirements.
However, the only cars that are eligible for purchase are the ones
that you identified within the 45 days.
The accommodator must be a “Qualified Intermediary” under the
tax law. It must be independent of you, and cannot be your attorney or
accountant or a close relative.
Tax-free exchanges are available only where the properties are of a
“like kind.” Cars are all treated as being like-kind, but you can’t trade
your collector car for real estate. Also, both cars must be held for investment
purposes. You can’t exchange into a new Porsche 911 that you will
use as your daily driver. And you can’t do this at all if you are a dealer.
Strategies
If you are planning to maintain your investment in collector cars,
like-kind exchanges can be a very potent planning weapon. You can
defer the gain indefinitely. And, at your death, your collector cars pass
to your heirs with a full basis step-up to their fair market values, so the
deferred gain is then washed away.
If you think the collector-car market is peaking, and you want to
cash out, there is no way to get out of paying the tax. That puts you on
the horns of a pretty tough dilemma. You can cash out and avoid the
perceived market risk, but you have to pay up to 37.1% of your profit in
tax. Or, you can avoid that tax by staying invested in collector cars, but
then you are subject to the market risk.
Better polish off that crystal ball. ♦
JOHN DRANEAS is an attorney in Oregon. His comments are general
in nature and are not intended to substitute for consultation with an
attorney. He can be reached through www.draneaslaw.com.
April 2014
55

Page 54

Simon Says Simon Kidston
Funds, Bandwagons and Fun
I was the friend with the fun-but-eccentric job. Now they all think I’m some
kind of financial genius
some auction companies still compare
pre-sale estimates without premium to
post-sale results including premium,
giving an automatic boost to numbers
expected vs. achieved.
While professional standards are a
world away from the Wild West days of
1989, you’ll still find the odd agent buying
at auction for a client, and then advertising
the car immediately afterward for
a much higher price. The agent then flips
it for a quick profit if a real buyer bites.
If no buyers bite, the agent pretends to
resell at the higher number, thereby
inflating the value for the owner — and
subliminally telling other
sellers
that
they’ll get a better price using the agent
instead of the auction house next time.
Waiting and watching
So what, after all, of those funds that
Definitely more fun than a fund
S
hould anyone be jumping onto a bandwagon that’s already
headed out of town? Buying classic cars purely as an investment,
with passion in a distant second place at best, might raise
a few eyebrows right now, with the market at an all-time high,
but that’s a trend which has just started to emerge openly.
If you read my comments last month about buyers more interested
in 700% returns than 7,000 rpm, then you needed look no further than
Scottsdale and Paris for hard evidence. One of the “wow” prices in
Arizona — no great surprise that it was for a Ferrari — was paid by a
new syndicate putting money into an “alternative asset class.”
In Paris a few days ago, I bumped into an old friend rushing past
me into one of the auctions. “Gotta dash, Simon,” he smiled breathlessly.
“Two lots down, one to go!” He hurried off, shouting back to me:
“Buying cars for a fund!”
Geneva is one of the financial centers of the world, and living here I
meet and socialize with bankers every day. Before the financial crisis,
I was the friend with the fun-but-eccentric job. Now they all think I’m
some kind of financial genius.
Private sales aren’t really public
Invitations to speak at seminars and family-office forums seem
to arrive every week. Newly created indices and even the venerable
Financial Times proclaim that classic cars have outperformed almost
every other asset class in the past five years, while the banking world
has been battered in the storm. Bloomberg stories about cars selling for
numbers that once would have bought the entire manufacturer — and
the mainstream media raving every time a dealer feeds them some sales
gossip — just add to the fire.
The irony, of course, is that most of these stories are completely un-
substantiated and, in many cases, totally untrue. While the classic-car
market is relatively simple next to financial ones, it’s also open to abuse.
Leaked sales data are usually inflated, and even on an innocent scale,
56
seem to be popping up now? I looked
into the idea in detail a few years ago
and decided it wouldn’t work, but I’ve
been wrong before (in 2007 I thought
the market was too rich to start one, and
again in 2010) and undoubtedly will be
again.
Several of my financial-whiz-kid friends tell me it’s time to sell al-
ternative assets after a bull run, but there’s always one more car you’ve
wanted forever, isn’t there? And I won’t comment on the bullish “The
Chinese/Russians/Arabs Are Coming” theorists who predict that new
money will flood into our market and make us all lottery winners.
I’ll be watching closely to see which funds actually get off the
ground, and how they fare, although I’m reminded of the tale about a
generation of Icelandic fishermen who woke up one day to find they had
become investment bankers….
Dream cars
In Scottsdale, our Great Leader, Publisher Martin, invited SCM
contributors Steve Serio, Carl Bomstead, Donald Osborne and yours
truly to speak in front of some 200 of you and define four qualities that
make a collector car “blue chip.” We were then asked to choose four
cars for our own dream collections in price brackets of $50k, $250k,
$1m and $10m, with the sole proviso that none of us could pick cars
from the marques we’re known to favor (no Astons for Steve, except
Lagondas).
My choices were:
• A humble-but-fun late-1960s Alfa Romeo 1750 Spider
• An old-school British Bruiser, the late 1980s Aston Martin V8
Vantage
• The impossibly voluptuous (and temperamental, but hey, it’s Italian
and looks and sounds fabulous) Alfa Romeo Tipo 33/2 Daytona
• And, finally, that iconic Spitfire-for-the-road, the Jaguar D-type
I’ll declare up front that I’ve put my own money where my mouth is,
except for the Tipo 33/2, which would require surgery to fit and a better
driver than me — and admittedly might also be slightly over budget.
Thanks to all of you who attended and said hello afterward. It says
something about SCM readers that not once did I hear the “investment”
word mentioned. ♦
Sports Car Market
Jim Pickering

Page 58

Feature 2014 Arizona Concours
A Concours for Arizona Auction Week
Winter sunshine and magnificent cars on the Biltmore lawns get
the gearhead week started
Story and photos by Carl Bomstead
a body designed by Letourneur et
Marchand with dual mounted spares,
center door handles and a Stephen
Grebel spotlight. It was discovered in
Argentina in 1967 and returned to the
United States by Steve’s father, William.
It was recognized with an Honorary
Judges Award.
Publisher Martin was busy through-
out the day as host and emcee. He kept
the program moving along, interviewed
many of the entrants and presented the
awards. He presented the Best in Show
Award, which was selected by the
Honorary and Chief Class judges, to
the 1925 Hispano-Suiza H6B Cabriolet
de Ville with coachwork by Kellner.
The car is from the collection of SCMer
Donald Nichols from Lompoc, CA, and
it was found abandoned in an alley in
1970. It was a most deserving winner.
Plans are already underway for next
From “alley find” to Best in Show — SCMer Donald Nichols’ 1925 Hispano-Suiza H6B Cabriolet de Ville
T
he inaugural Arizona Concours d’Elegance took place on January 14, 2014, at the
spectacular Arizona Biltmore, which was designed by Albert Chase McArthur.
Frank Lloyd Wright is often credited with the design, and his influence is evident,
as McArthur studied under him from 1907 to 1909. The setting with the
reflecting pools, brilliant Arizona sun and the hotel built from sculpted “Biltmore
Blocks” provided a dramatic backdrop for the spectacular selection of automobiles.
Organizing a concours d’elegance is an arduous task. Organizing a new concours in
a short time frame is a herculean task, but Executive Director Kevin Cornish and his
crew managed to pull it off with exceptional results. Sponsors are reluctant to provide
funding and entrants are skeptical about entering an unknown event, but the organizers
managed to overcome many of the first-event obstacles.
Make-A-Wish was the official benefiting charity of the concours, and in 2013 they
granted 317 wishes for Arizona children with life-threatening medical conditions.
Participants and spectators were encouraged to contribute to this most worthy endeavor,
and at least three children’s wishes were fully funded, as $23,500 was raised.
The 76 magnificent cars were organized in 14 classes including the 100th
Anniversary of Maserati, three classes for CCCA Full Classics and a class for Post-War
Racing machines. The Avant Garde class picked up a number of special entrants that
did not fit elsewhere, including a Glaser-bodied 1938 Steyr 220 roadster that not only
won the class but received the coveted Most Elegant Pre-War award. Also in the class
were an unusual 1940 International Harvester “Woodie” station wagon and a stunning
1955 Hudson Italia that was one of only 26 produced.
The Full Classics Class presented the 1937 Cord
Details
Plan ahead: The second annual Arizona
Concours d’Elegance is scheduled for
January 11, 2015
Where: The Arizona Biltmore, 2400 East
Missouri Ave., Phoenix, AZ 85016
Cost: $50 in advance; $75 at the gate
More: www.arizonaconcours.com
60
812 phaeton that was once owned by Western star Tom
Mix. It was the car he fatally crashed in on October
12, 1940. It was restored in 2010, and the Tom Mix
custom features re-created special Tom Mix licenseplate
frames and rear-fender embossed leather stone
guards. It received a Second in Class award.
A very elegant 1930 Packard 745 convertible
Victoria was presented by Steve Snyder. It featured
year’s concours, which will again kick
off Arizona’s auction week and will
be held on January 11. Based on the
success of the inaugural event, we are,
with eager anticipation, looking forward to the second
Arizona Concours d’Elegance. ♦
Steve Snyder’s 1930 Packard 745 convertible Victoria
Ken and Ann Smith’s 1936 Delahaye 135MS competition
cabriolet
Sports Car Market

Feature Porsches as Art
Porsches in the Galleries
The North Carolina Museum of Art joins the growing trend of viewing cars
as art
Story and photos by Bill Rothermel
on white platforms with
white backgrounds unobstructed
by obstacles or security
barriers. Strategically
placed videos and historical
race footage offered more
information about the automobiles.
Guided tours and
narrated audio tours were
made available to visitors.
An historical timeline upon
entering the exhibit — and
the storyboards accompanying
each car — highlighted
the significance of each
Porsche.
The Porsche Museum pro-
vided five cars, including the
quirky 1989 Panamericana
concept car as well as the
aforementioned
vehicles.
In the foreground, Cameron Healy and Susan Snow’s 1968 Type 908K prototype
D
id you ever think you’d see the day when Porsches filled an art museum
gallery?
That day arrived at the North Carolina Museum of Art in Raleigh. Twentytwo
Porsches were displayed as objets d’art in the Museum’s Meymandi
Exhibition Gallery. A place typically reserved for paintings and sculptures became an
indoor paradise for Porschephiles.
To celebrate the 911’s 50th birthday, Ken Gross — noted author, automotive his-
torian and frequent contributor to SCM and American Car Collector — worked with
Managing Curator Barbara Wiedemann to create a retrospective that ranged from
Porsche’s humble beginnings to its current lofty position in the automotive food chain.
Following Gross’ previous successful efforts in museums in Atlanta, Salt Lake
City, Portland and Nashville, his latest museum display once again showed off his
ability to create a first-class exhibition.
Running from October 12, 2013, through February 2, 2014, the historical exposi-
tion ranged from the prototype 1938/9 Type 64 Berlin-Rom Racer designed by Dr.
Ferdinand Porsche to the 911 GT3 R hybrid racer from 2010.
Navigating the exhibit was easy, thanks to wide-open spaces with cars displayed
Others came from wellknown
collectors throughout
the United States. Three cars
were displayed courtesy of
the Ingram Collection, including
a rare 1949 Gmund
coupe, which was one of
the first 50 Porsches produced. The Revs Institute —
SCM contributor Miles Collier’s project with Stanford
University — offered its 1953 Type 550 prototype, one
of two produced, and the Le Mans-winning 1971 917K.
Don and Diane Meluzio’s award-winning 1963
901 prototype and the 1965 904/906 Prototype, one
of two cars from the Cameron Healy and Susan Snow
Collection, were also featured. Janis Joplin’s 1965
356C Cabriolet from the Rock and Roll Hall of Fame;
Ralph Lauren’s 1988 all-wheel-drive 959; and the 1958
356 Speedster 1600 Super once owned by actor Steve
McQueen composed the celebrity contingent.
Just in case you missed the exhibit, you can still enjoy
it by purchasing the beautiful hardcover catalog, which
features essays from Collier, Robert Cumberford, Gross
and other noted writers and historians. Check it out on
the museum’s website at www.ncartmuseum/porsche. ♦
Type 904/6 prototype
64
1989 Panamericana concept car
1949 Type 356 Gmund coupe
Sports Car Market

Page 66

Ferrari Profile
1967 Ferrari 330 GTS Barn Find
Preserving this car would only be preserving bad paint, bad chrome
and a worn interior
by Steve Ahlgrim
Details
Years produced: 1966–68
Number produced: 100
Original list price: $16,800
Current SCM Valuation: $1m–$2m
Tune-up cost: $3,000
Chassis #: Left frame member by
steering box
Engine #: Right rear above motor mount
Club: Ferrari Club of America
More: www.ferrariclubofamerica.org
Alternatives: 1965–66 Ferrari 275 GTS,
1969–71 Maserati Ghibli Spyder,
1959–63 Aston Martin DB4GT
SCM Investment Grade: B
Comps
Chassis number: 9343
Engine number: 9343
S
oon after the 330 GTC was unveiled at the 1966
Geneva Auto Salon, Ferrari introduced its exclusive
Spider variant, the GTS. The new 330 GTC,
GTS, and the contemporary 275 GTB/4 featured
the same mechanical layout of fully independent suspension,
four-wheel disc brakes, a rigid torque-tube driveshaft,
and a 5-speed, rear-mounted transaxle.
Whereas the 275 GTB/4 utilized a 4-cam, 3.3-liter
V12, the 330s were equipped with 4-liter, 2-cam V12
that delivered a genuine 300 horsepower at 6,600 rpm.
The 330 GTS was one of the fastest open two-seaters of
its era, with a top speed approaching 150 mph.
Designed and built by Pininfarina, the 330 GTS was
the very epitome of mid-1960s GT styling. The harmonious,
understated design was a successful update of
the popular 275 GTS — with a new frontal treatment
inspired by the 500 Superfast, Ferrari’s most exclusive
gran turismo.
The 330 GTS was built to exacting standards by
Old-World craftsmen, and the cockpit was beautifully
finished, with bucket seats trimmed in Connolly leather,
a three-spoke, wood-rimmed steering wheel, and a
simple-but-attractive wood veneer fascia carrying the
full range of white-on-black Veglia instruments.
This car presented here is one of the most exciting
discoveries in years — an exceptional, unrestored 330
GTS that has hardly seen the light of day since 1969.
Chassis 9343 was delivered new to Luigi Chinetti
Motors and sold new to Dr. Samuel Scher. It was finished
in Celeste Blu with Rosso Scuro leather upholstery and
68
matching carpets. It was equipped with Borrani wire
wheels, European lighting, and instrumentation in kilometers.
Dr. Scher’s car collection spanned all eras. Among
his treasures were American Brass Era cars and classics
from Alfa Romeo, Bugatti, Rolls-Royce and MercedesBenz.
He was one of the first to introduce little-known
names, such as Cisitalia and Ferrari, to the U.S.
Dr. Scher drove his 330 GTS some 20,000 miles
in less than two years until it was sidelined by a small
engine-bay fire. His insurance company totaled the car
and disposed of it through an insurance auction.
The second owner gathered a collection of spare
parts in hope of returning it to the road. However, the
project did not get far. For the past 44 years, the GTS has
been parked in a Pennsylvania garage.
This Ferrari is truly a time capsule. It wears faded
original Celeste Blu paint. The factory-supplied glass,
rubber and major trim pieces are in place, as are its original
wire wheels.
The interior has survived remarkably intact, with
moth-eaten dark red carpets and a light patina to the
seats and door panels. The odometer displays 36,717 km
(22,815 miles).
No attempt has been made to return the car to run-
ning order. The matching-numbers engine turns freely,
and the engine bay is complete with nearly all of its
ancillary components intact.
Chassis 9343 is a very complete, authentic, and solid
example of a particularly desirable Ferrari, making it the
1967 Ferrari 330 GTS
Lot 132, s/n 10719
Condition 1-
Sold at $1,936,000
RM Auctions, Fort Worth, TX, 4/27/13
SCM# 216111
1968 Ferrari 330 GTS
Lot 332, s/n 11021
Condition 2+
Sold at $912,500
Bonhams, Scottsdale, AZ, 1/17/13
SCM# 215034
1968 Ferrari 330 GTS
Lot 343, s/n 11071
Condition 1-
Sold at $1,102,304
RM Auctions, Monte Carlo, 5/11/12
SCM# 201747
Sports Car Market
Mike Maez, courtesy of Gooding & Company

Page 67

ideal candidate for a complete, concours-quality restoration.
The 330 GTS is among the most sought-after sports car of the 1960s.
Fast, beautiful, rare and exotic, these Ferraris have every quality collectors
demand in a classic Italian sports car. To find a 330 GTS like this
is nearly unheard of.
SCM Analysis This car, Lot 149, sold for $2,062,500, including
buyer’s premium, at the Gooding & Company auc-
tion in Scottsdale, AZ, on January 18, 2014.
Radio commentator Paul Harvey famously based his program on the
concept of “the rest of the story.” Of course, that meant you would have
to listen to about five minutes of advertising before you got to “the rest
of the story,” but Harvey’s delivery was usually worth the wait.
Gooding’s excellent catalog description presents a well-documented
history of chassis 9343, but it missed the roller-coaster-ride story of
discovering a barn find and getting it from the Pennsylvania garage to
Scottsdale.
From chat room to the auction block
On October 12, 2013, a post titled “What to do with a ’67 330 GTS
with low mileage” hit FerrariChat.com. The post started with this:
“Many years ago my father bought a ’67 330 GTS and kept it in his
garage ever since. He passed away several years ago, and my mother
doesn’t know what to do with it.”
The writer went on to say that his father purchased the car at an
insurance auction in 1969. The car had been totaled due to fire damage.
His father was a truck mechanic who bought the car with the intention
of restoring it. He partially disassembled the car in preparation for
restoration and never completed the task. The son wrote that he never
remembers the car being uncovered or worked on.
On November 26, 2013, a new post reported that the 330 was now
sold. The reported price of $1m drew some responses, including calling
the purchaser a “a predator” for preying on an elderly widow. The son
said he thought it was a good — but not great — sale.
On December 20, 2013, a new post announced that chassis 9343 was
going to Gooding’s Scottsdale Auction. A prominent West Coast dealer
had gotten a tip the car was available and immediately flew out to see it.
After some delicate negotiation, a deal was struck, and after 44 years,
the GTS had a new owner. A second dealer had struck a deal with the
first, and in turn, consigned it to Gooding.
On January 18, 2014, the winning bid on the Gooding & Co. block
was $1,875,000 plus a 10% buyer’s premium, for a total of just over $2m.
Rough car, great story
It’s pretty obvious that someone made good money, but nobody was
predatory. Up to auction day, high market was a $1.9 million sale that
RM got for a nicely restored example in 2013. The RM sale was stunning
in that it was double what Bonhams had gotten for a 330 GTS just
months before.
Chassis 9343 was a rough car. It was an unrestored car rather than
a survivor. It had a broken windshield, missing gauges, bare metal and
other defects. The condition was past the point of patina.
With due respect to the preservationists, preserving this car would
only be preserving bad paint, bad chrome and a worn interior. The car
probably could be made to run with minimal effort, but it had sat too
long to be a good driver without major work.
The buyer was a muscle car collector who was dipping his toe in
European-car waters. Besides the Ferrari, he bought an unrestored
Mercedes-Benz 300SL that was proudly touted as having sat on flat
tires for three decades. His taste clearly runs toward unrestored cars.
As it is a barn find, just washing the car moves the value backwards.
Chassis 9343 is too far gone to leave alone. It will be difficult to make
any improvements without doing everything. The price paid should
have bought a great car instead of a great story. This time, the seller
got a gift. ♦
(Introductory description courtesy of Gooding & Company.)
April 2014
69

Page 68

English Profile
1960 Lotus Elite Series II
These cars were fragile and frequently raced, so the few survivors
are very collectible
by Reid Trummel
Details
Years produced: 1959–63
Number produced: 1,047
Original list price: $4,780
Current SCM Valuation: $75,000–$140,000
Tune-up cost: $300–$400
Distributor cap: $25
Chassis #: Above the Lotus chassis plate
on the right side of the firewall in the
engine compartment
Engine #: Hand-scribed on the Lotus
chassis plate and stamped on the
vertical surface of the block below the
dynamo
Clubs: Worldwide Club Lotus Elite; Lotus
Ltd.
More: www.lotuseliteworldregister.com;
www.lotuscarclub.org
Alternatives: 1954–62 Alfa Romeo
Giulietta Sprint, 1955–59 MGA coupe,
1961–62 Jaguar XKE coupe
SCM Investment Grade: B
Comps
Chassis number: 1296
Engine number: 8863
W
ith the Lotus 14 of 1959 — better known as
the Elite — Colin Chapman demonstrated
that his skills as a racing-car designer and
constructor could just as easily be applied
to production road cars.
Just as innovative as Lotus’s outright competition
cars, the Elite featured a fiberglass monocoque body
tub, independent suspension all round (based on that of
Lotus’ racing monopostos) and four-wheel disc brakes,
the rears mounted inboard. Its engine was the 4-cylinder
Coventry Climax FWE, a single-overhead-cam unit of
1,216 cc producing 75 hp, while the gearbox, an MGA
unit fitted with an alloy casing and modified bell housing,
was sourced from BMC.
The classically styled body — the work of stylists
Peter Kirwan-Taylor, John Frayling and aerodynamicist
Frank Costin — possessed an admirably low coefficient
of drag, although it made few concessions for comfort or
noise suppression. That is not likely to have bothered the
Elite’s customers, for whom its 112-mph top speed and
superlative handling were of far greater importance than
creature comforts. Indeed, so successful was the Elite
on the racetrack that the car dominated its class well into
the 1960s. Noteworthy achievements include five class
victories at Le Mans and two wins in the prestigious
Index of Thermal Performance.
The excellent Elite offered here, chassis number 1296,
was delivered new to United States Lotus distributor
Chamberlain of Burbank, CA. Owner Jay Chamberlain
had secured the U.S. Lotus import franchise after a
successful international racing career, notably topped
by his class win at the 1957 Le Mans 24 Hours, where
70
Chamberlain competed in a Lotus Eleven.
Invoiced on August 8, 1960, 1296 was configured
as a left-hand-drive car, built in the second series of
Elite production and benefiting from the higher-quality
coachwork constructed at the Bristol Aircraft Company.
The car was fitted with Coventry Climax engine number
8863 — the same unit in the car today — and finished
in a racy white color over a red interior. The immediate
history after being sold from Chamberlain remains unknown,
but when acquired by Maryland resident Harold
Allen in the mid-1970s, the Elite is said to have been
in good, well-kept condition. Mr. Allen would keep the
Elite, mostly in static storage, until 2011, when it was
purchased by a Southern California-based sports car
enthusiast and restorer.
The new owner embarked on a full restoration soon
after his acquisition, although the Elite was still in remarkably
complete, solid and original condition. The
body was stripped and refinished in its original white,
and the interior was reupholstered in period-correct
black vinyl — all done to exacting factory standards.
The suspension and braking systems were refurbished as
well. Engine work was performed by Coventry Climax
specialist Bill Hutton Engineering in Clarksville, TN,
while the remaining aspects of the restoration and assembly
were handled by the owner’s own restoration
shop in Southern California.
Today, the sporting Elite presents extremely well,
and it is poised to offer a tremendous driving experience
on twisty roads or a racetrack. Very few Elites
have been restored to the level seen here, and fewer still
can be regarded as being as genuine as 1296. Offering
1962 Lotus Elite Series II
Lot 262, s/n 1825
Condition 1Sold
at $69,988
Bonhams, Chichester, U.K., 6/29/12
SCM# 209111
1961 Lotus Elite Series II
Lot 463, s/n 1628
Condition 3+
Sold at $60,513
Bonhams, Chichester, U.K., 7/1/11
SCM# 182340
1961 Lotus Elite Series II
Lot 311, s/n 1628
Condition 3+
Sold at $68,774
Bonhams, Hendon, U.K., 4/19/10
SCM# 160472
Sports Car Market
Pawel Litwinski, courtesy of Bonhams

Page 69

iconic styling and exciting engineering, these
cleverly designed sports cars are sought by
enthusiasts around the world.
SCM Analysis This car, Lot 189, sold for
$97,900,
including buy-
er’s premium, at Bonhams’ Scottsdale auction
on January 16, 2014.
The original Lotus Elite of 1959–63 pushes
a lot of car-collector buttons: It was a technologically
advanced car in its day, it was made
in limited quantity, it has notable racing accomplishments,
it is beautiful to behold, and it
comes with a large dose of mojo.
Applying lessons learned from racing,
Colin Chapman produced an innovative design
with the Elite: a fiberglass monocoque
structure with steel frame members and suspension
pickup points embedded in the fiberglass.
This resulted in a very lightweight car
at about 1,450 pounds dry weight. This also
meant fragility, another Chapman trademark.
In the early cars especially, the fiberglass was
prone to cracking and failure at the all-important
suspension pickup points. However, that
problem was lessened when the fiberglass
shell was modified and production was transferred
to Bristol Aircraft, where our subject car was produced.
A streetable racer
The Elite was the first car that Lotus built specifically for the street,
even though its racing potential was no coincidence. It was also the
first Lotus with a permanent hard-top coupe body.
The Elite got the suspension of the single-seat Lotus 12 — Chapman’s
first open-wheel race car. This suspension comprised a four-wheel independent
suspension with transverse wishbones, coil springs, shock
absorbers, an anti-sway bar at the front, namesake Chapman struts at
the rear and rack-and-pinion steering.
The Elite also had all disc brakes (inboard at the rear), and a re-
markably low 0.29 coefficient of drag achieved without benefit of
computer-aided design or even wind-tunnel testing. The result was that
most of the Elite’s contemporaries seemed like lumbering family cars.
Although conceived by Colin Chapman, it was Peter Kirwan-Taylor
who produced the styling sketches for what would become the Elite.
Frank Costin, Chief Aerodynamic Engineer for the de Havilland
Aircraft Company, helped to modify the shape to reduce drag.
That low drag was necessary, as the engine selected for the car was
the Coventry Climax 1,216-cc, 4-cylinder known as the FWE (“Feather
Weight Elite”). This was a modified version of what was originally a
fire-pump engine. With a cylinder head, block, and sump made of cast
aluminum, and a single overhead camshaft with a single SU carburetor
on the early cars, it produced just 75 hp and developed a reputation for
burning oil, requiring a quart every few hundred miles. The transmission
was a 4-speed BMC B-series box shared with an MG.
Period road tests reported a top speed between 112 and 118 mph, a
0–60 mph time of 11–12 seconds, and fuel mileage as high as 40 mpg.
Fragile, fun and collectible
Lotus made just 1,047 examples of the Elite before attention turned to
producing its successor, the Elan. Unfortunately, the Elite’s price was
fixed low enough that Chapman reported losing 100 pounds sterling
on each car. Given the fragility and frequent racing use of the car, the
survival rate has not been high. However, recent years have witnessed
a significant increase in interest in the model as collectors
have begun to notice the Elite’s many virtues.
Lotus was then, as now, a niche marque, appealing to a
certain breed of drivers who often used them in competition.
These drivers appreciated their advanced features so much
that they forgave their fragility, cramped cockpits and lack
of ventilation. As a car for the rebel sportsman, it was in the
avant-garde of the Swingin’ Sixties — in short, a car for the
thinking, fun-loving nonconformist. If Jaguar had class, Lotus
had mojo.
This particular example was the subject of a thorough and
correct restoration, with a pair of Weber carburetors replacing
the original single 1.5-inch SU and cast-iron manifold. The
only other obvious deviations from original spec are the orange
directional light lenses, both front and rear, when Elites
were originally supplied with white/clear turn-signal lenses
for all North American deliveries.
The sale price of this Elite fell somewhat short of the pre-
auction estimate of $110,000–$130,000, and is in the lower half
of the SCM Pocket Price Guide range of $75,000–$140,000. As
an excellent example with a recent and high-quality restoration
by a specialist shop, and with rare and desirable — outside of
the U.K. — left-hand drive, I call this example well bought. ♦
(Introductory description courtesy of Bonhams.)
April 2014
71

Page 70

English Profile
The Cumberford Perspective
Almost perfect
By Robert Cumberford
A
lmost
perfect
styling, that is.
The compositestructure
concept was brilliant, confirmed
by today’s nearly
universal use of carbon
fiber in contemporary supercars.
But materials and
methods in the 1950s —
the Elite was first shown in
1957 — were woefully inadequate
for the intended
purpose, there were severe
problems, and the cost of
making it
rose steadily
during its four-year production
lifetime.
Still, roughly 1,000
Lotus 14s were built,
and many continue
to
give enormous pleasure
— dynamically and aesthetically.
Peter KirwanTaylor,
a talented amateur
stylist, created the basic
shape, and aerodynamicist
Frank Costin refined
some details, dropping
its drag coefficient to just
0.29, exceptionally good
then — and now.
The only styling weak-
ness in the overall form is
vaguely rectangular
rear
wheel openings, which
are typical of
the time.
The timeless purity of the
Elite shape would make it
an attractive proposition
today — albeit blown up
by about 15% to 20%,
as Ford did in making
its 1960s GT40 into this
century’s Ford GT to accommodate
taller,
fatter
people, wider, fatter tires
and a lot of safety and
pollution-control equipment.
But that would lose
the delicacy that is the
essence of this wonderful
design. For once, a beancounter
really helped
the
automobile
world.
Kirwan-Taylor was an
accountant, and even organized
the financing to
build the Elite’s factory. ♦
72
12
11
9
10
Sports Car Market
FRONT 3/4 VIEW
1 The compound door
window couldn’t roll down,
so it simply popped out for
in-cockpit storage.
2 The highly domed roof
tapered inward to the rear,
like a fighter plane’s canopy.
3 The proportions really
are perfect: long hood, rear
cabin, short rear deck, all
within tiny dimensions.
4 The bumper is misaligned
on this example. It should
be perfectly horizontal and
parallel to the ground plane.
5 There is little metal in the
structure; this jacking point
2
1
3
6
5
is one of them, the same
inner element supporting the
door hinges.
6 This slim bumper is more
notional than practical, but
it nicely punctuates the
elegantly plain sides of the
body.
REAR 3/4 VIEW
7 Inset flat panel justifies the
truncated profile of the body.
8 This visible fuel filler and
the exposed headlamp lenses
are the only anachronistic
elements on the body.
9 Wire wheels and incredibly
skinny tires (to modern
eyes) are time-stamps for the
chassis — now 57 years old.
10 Dual exhausts are a lot for
a tiny, 4-cylinder engine, but
the symmetry is sexy.
11 The completely faired
lower body is elegant, but
must also have contributed
to the high speed — around
118 mph — from the 75-hp
engine.
12 The rear composition
would be much better with
rectangular single-lamp
clusters, but these round
lights were available, cheap
and light — just right for
Chapman.
8
7
INTERIOR VIEW
(see previous page)
Surprising simplicity,
elegance and grace inside
the small but comfortable
— apart from the resin smell
on hot days — cockpit, and
excellent visibility make the
Elite seem more modern than
its true age. The light, slim
steering wheel is superb.
Lack of airbags, radio, air
conditioning and navigation
equipment is refreshing,
reminding us of what we
have gained — and lost —
over a half-century.
4

Page 72

Etceterini & Friends Profile
1931 Alfa Romeo 6C 1750 Supercharged
Gran Sport Spider, Coachwork by Zagato
This great car shows what can be done with equal measures of cash,
testosterone and prodigious good fortune
by Donald Osborne
Details
Years produced: 1930–33
Number produced: 372 (all 6C 1750s)
Original list price: $3,692
Current SCM Valuation: $1.1m–$1.75m
(Zagato)
Tune-up cost: $900
Distributor caps: $750
Chassis #: Right frame rail behind
back axle
Engine #: Right side of block
Club: Alfa Romeo Owners Club
More: www.aroc-usa.org
Alternatives: 1924–30 Bugatti Type 35,
1922–29 Bentley 3 Litre, 1928–32
Mercedes-Benz SSK
SCM Investment Grade: A
Comps
Chassis number: 10814356
Engine number:10814356
I
n the world of car collecting, there are four primary
criteria that establish a vehicle’s worthiness: authenticity,
provenance, aesthetics and engineering. The
exceptional Alfa Romeo offered here resoundingly
checks all of these boxes.
The history of this incredible Alfa Romeo, chassis
10814356, begins in 1931. According to Angela Cherrett’s
Tipo 6C book, 10814356 was completed as a fifth-series
Gran Sport Spider, featuring the uprated 1,752-cc supercharged
dual overhead cam, all-aluminum engine,
an improved braking system and more refined Zagato
coachwork than its predecessors. The new Gran Sport
Spider was equipped with engine number 10814356 and
Zagato body number 987.
Baron Philippe de Gunzbourg became its lucky first
owner. Philippe de Gunzbourg was from a wealthy
Russian family with a background in banking and property
ownership. The family moved to France around the
turn of the century. The lithe and sporting Alfa Romeo
6C 1750 Zagato Spider must have been a perfect fit for
this gentleman driver. Philippe’s best racing result was
achieved the following year, while owning 10814356,
when he, along with legendary racing driver and Ferrari
importer Luigi Chinetti, piloted an Alfa Romeo 8C 2300
to a 2nd-place finish at the 24 Hours of Le Mans.
He sold the car in 1935, to an owner residing in
the Pyrenees-Atlantiques region of France. The car
remained there until 1940, when it was sold and reg-
74
istered to Hydravions F.B.A., an aircraft manufacturer
situated in Argenteuil near Paris. Chassis 10814356
remained in this ownership until June 5, 1944, when it
was purchased by yet another French racing driver and
motoring enthusiast, Victor Polledry. Polledry, a friend
of Luigi Chinetti, raced Alfa Romeos, Aston Martins
and later Ferraris at world-class motoring events.
By the late 1960s, Polledry sold chassis 10814356 to
Monsieur Barriere, one of the designers for the famed
Parisian fashion house Courrèges, and the car was then
inherited by his son. The totally original and unrestored
Alfa Romeo had begun to show its age, and Barriere’s
son stripped the paint off in the 1970s but failed to get
much further than that. Still in complete and original
condition, the car was sold in the early 1980s to yet another
French owner, who admired its astounding level
of originality and authenticity. The finely aged Alfa
Romeo would remain in this collection until 2007.
Still untouched, it left France in 2007, when it was
sold at the Pebble Beach Auctions. Most fascinating, the
hand-painted Zagato body numbers located on doors
and compartment decks were still readable more than
70 years after they were applied at Zagato’s workshop.
Chassis 10814356 was purchased by a collector from
Texas, who set out to find a restoration specialist capable
and sympathetic enough to bring the Zagato Spider back
to an authentically restored condition while paying special
care to preserve the car’s remarkable original features.
1932 Alfa Romeo 6C 1750 Series V
Gran Sport
Lot 32, s/n 10814400
Condition 2+
Sold at $1,375,000
Gooding & Co., Scottsdale, AZ, 1/19/13
SCM# 214772
1932 Alfa Romeo 6C 1750 Series V Gran
Sport
Lot 110, s/n 10814400
Condition 2-
Sold at $1,540,000
Gooding & Co., Pebble Beach, CA, 8/21/11
SCM# 183149
1932 Alfa Romeo 6C 1750 Gran Sport
Lot 241, s/n 10814402
Condition 3
Sold at $935,000
RM Auctions, Monterey, CA, 8/21/11
SCM# 183925
Sports Car Market
Pawel Litwinski, courtesy of Bonhams

Page 73

Noted specialist Gary Okoren of Golden, CO, was chosen for the task, and the
restoration process began. To ensure absolute accuracy, the world’s foremost Alfa
Romeo historians and specialists were consulted for advice and guidance throughout
the process. Okoren finished the running chassis, with an accurate and authentic
restoration of all the original factory components. The matching-numbers original
engine was rebuilt, as was the gearbox and differential. Brakes, suspension and the
original wheels were refurbished as well.
The 6C 1750 was then sold in 2010 to the current owner, an East Coast collec-
tor with a discerning interest in only the most original and authentic sports and
racing cars extant. Chassis 10814356 was carefully transported to New Jersey,
where renowned restoration specialist Steven Babinsky and his outfit, Automotive
Restorations, set out to complete the restoration of this hugely important pre-war
Alfa Romeo. Here the entirely original and complete Zagato Spider bodywork, still
showing its hand-painted and stamped 987 body number throughout, was carefully
fitted to the frame and refinished in black. All remaining components of the car were
restored as needed during this painstaking process, with close attention paid at all
times to ensure that the car’s myriad original components remained intact. Four
large binders with photos and receipts of the restoration are available for viewing,
carefully documenting this $600,000 restoration in exhaustive detail.
Chassis 10814356 was completed in the summer of 2012, and was promptly
invited to participate in the Pebble Beach Concours d’Elegance. Zagato and Alfa
Romeo aficionados were delighted for the chance to admire the well-known exBaron
Philippe de Gunzbourg 6C 1750 once more. In March 2013, chassis 10814356
was shown at the Amelia Island Concours, where it was awarded Best in Class in the
highly competitive pre-war Sports and GT class.
The prize-winning Alfa was shortly thereafter shipped back to its native Italy,
where it successfully completed the 2013 Mille Miglia. The car performed faultlessly
on the legendary 1,000-mile rally, and it returned to the concours circuit once more,
where it was displayed among 49 other hand-selected motorcars on the banks of Lake
Como at the Concorso d’Eleganza Villa d’Este.
SCM Analysis This car, Lot 130, sold for $3,080,000, including buyer’s premium,
at Bonhams’ Scottsdale, AZ, sale on January 16, 2014.
I was one of the panelists at the SCM Insider’s Seminar held at the Gooding &
Company preview in Scottsdale, AZ, in January of this year. My colleagues were Simon
Kidston, Carl Bomstead and Steve Serio. One of the topics we were assigned was to
discuss the definition of a blue-chip collectible in the vintage-car world. Another was
the identification of which four cars we would buy for a personal collection priced at
under $50,000, under $250,000, under $1m and under $10m.
When the dust had settled, an interesting fact had emerged: The marque most often
included in both the blue-chip and personal collections at various price ranges was
Alfa Romeo. There is no doubt that regardless of the relentless slow-motion brand
murder currently being committed by the management of the Fiat Group, Alfa has
built more legendary cars — or at least more cars that enthusiasts want to own and
drive — than any other marque.
A supreme 6C 1750
Near the summit of Alfa’s Mount Olympus is the 6C 1750, and the 6C 1750 that
reigns over all its siblings is the supercharged Gran Sport Spider as bodied by Zagato.
In any analysis of attributes of value we appraisers make, rarity, beauty, historical
importance and provenance are foremost.
That the 1750 is rare, especially compared with modern production volume and
rates of survival, is clear. That the Zagato-bodied cars are beautiful is, as far as
most are concerned, inarguable. The racing record
of the 6C 1750 — particularly the light and durable
Zagato-clothed Gran Sport models and their role in the
competition reputation of Alfa Romeo — is a matter of
historic fact. This particular example also possesses a
complete ownership chain back to the first owner, who
was titled, talented and well known.
This vehicle is also the poster child for what we should
all do with a great car, if we had in equal measure cash,
testosterone and prodigious good fortune.
The recipe is simple: Take an important car, send it to
the world’s leading restorers for an international-level
restoration, win leading concours prizes, ship it to Italy,
drive it at speed through the pouring rain in the Mille
Miglia Storico, fly your restorer over to clean it up afterwards,
and then show it at the Villa d’Este concours.
Finally, sell it big at auction. This is simple — not easy,
but simple — and that this worked out so well is a tribute
to all involved: owner, restorer and the car itself.
A true blue-chip car
In today’s fast-moving, heated marketplace, with
records falling monthly, there is another side that gets
relatively little attention. There are still a good number
of cars offered for sale that seem to have all the ingredients
— yet they somehow just don’t come together.
Buyers will pay — and pay dearly — for certain cars
at certain times in certain places. The story counts —
but it had better be a good story. If the story involves the
words “believed to be,” “said to be,” “may” or “it is
uncertain that,” chances are great that either the market
will take a discount or the car will not sell.
I am not saying that a car must be completely original
to be valuable or desirable — although originality will
enhance value. If changes have been made, they must be
documented, credible and consistent.
As with any blue chip, whether it is a painting, sculp-
ture, time piece or motor vehicle, the name only gets it
so far. After that, it must fulfill the basic requirements
of any important object that it be true to the creators’
intent and intended use. This car did all that and more,
and quite rightly rang the bell in the auction room.
This car is the perfect blend of beauty, history, us-
ability and desirability, the combination of which is the
true definition of the best of the best. I would consider
this car both well sold and absolutely well bought. ♦
(Introductory description courtesy of Bonhams.)
April 2014
75

Page 74

German Profile
Column Author
1971 Mercedes-Benz 280SE 3.5 Cabriolet
A rare package of performance, looks, style and prestige is now soaring
in value
by Gary Anderson
Details
Years produced: 1970–71
Number produced: 1,232
Original list price; $14,155
Current SCM Valuation: $200,000–
$250,000
Tune-up cost: $800
Chassis #: Windshield pillar
Engine #: Below cylinder head on driver’s
side
Club: Mercedes-Benz Club of America
More: www.mbca.org
Alternatives: 1971 Rolls-Royce Corniche,
1971 Cadillac Eldorado, 1962 MercedesBenz
220SEb
SCM Investment Grade: B
Comps
1970 Mercedes-Benz 280SE 3.5 cabriolet
Lot 208, s/n 11102722000818
Condition 2
Chassis number: 11102712002687
Engine number: 11898012002396
I
n 1959, Mercedes broke with tradition by introducing
the angular “Heckflosse,” or “Finback,” sedan
on the W-111/W-112 chassis — itself revolutionary
in having the first-ever crumple zones and roll-over
integrity to protect the occupants from injury in the
event of collisions — to replace the bulbous “ponton”
built on the W-128 chassis.
Two years later, following the end of production for
the stately W-128-chassis 220SE coupes and cabriolets,
the Mercedes designers introduced 2-door coupe and
cabriolet models aimed at the prestige buyer. These were
built on the same W-111 chassis, but the styling was
changed, with the rear fenders rounded off more gracefully
than was the case with the sedans. The company
would continue to build these lovely personal luxury
cars for 10 years with little additional change in styling.
Engines did change over the years. Across the W-111
lineup, in both 4-door and 2-door models, Mercedes
initially used the venerable overhead-cam straight six in
several sizes, all the way up to 2,996 cc, and the cars’
nomenclatures were 250S, 250SE, and 300SE, depending
on the engine. A 2,778-cc M13 engine in 1967 gave
rise to 280S and 280SE model designations.
By 1969, though production of the finback sedans
was finally ending, having been supplanted by the new
W-108/109-chassis models several years earlier, the
decision was made to continue producing the coupes
76
and cabriolets on the W-111 chassis, although with a V8
engine to keep pace with competitors in the U.S. luxury
market. A 3.5-liter powerplant, designated M116, was
developed, using a cast-iron block for rigidity, economy,
and better sound damping, with cross-flow wedge cylinder
heads with rocker-operated valves that were driven
by a single overhead camshaft per bank.
The cams were chain-driven for a long life. Bosch
transistorized the ignition, and electronic fuel injection
was utilized. The British magazine AutoCar called it “a
copybook example of how experience plus careful design
can create a simple-to-make high-output engine of
considerable refinement.” American buyers just called
it fast and fun.
In Mercedes’ sometimes confusing model nomencla-
ture — usually but not always based on engine capacity
— the new model was designated 280SE 3.5, to distinguish
it from its 6-cylinder counterpart. Production
of the model began in August of 1969 and continued
through to July 1971. In 24 months, total production
was 3,270 coupes and 1,232 cabriolets, making these not
only one of the fastest and most interesting Mercedes of
their era — but also one of the rarest and most expensive.
The Tobacco Brown example offered here is an
original U.S.-specification example, with 25 years of
single Southern California ownership and low mileage.
It has been the recipient of what is reported as a
Sports Car Market
Sold at $261,782
Bonhams, Chichester, U.K., 9/14/13
SCM# 227858
1971 Mercedes-Benz 280SE 3.5 cabriolet
Lot 105, s/n 11102712002320
Condition 2Sold
at $236,500
Gooding & Co., Pebble Beach, CA, 8/18/13
SCM# 227458
1970 Mercedes-Benz 280SE
Lot 154, s/n 11102512004032
Condition 2
Sold at $74,250
RM Auctions, Plymouth, MI, 7/28/12
SCM# 209069
Courtesy of RM Auctions

Page 75

no-expense-spared, ground-up restoration, and it presents beautifully
in its rich color and Saddle leather interior. Numerous options and
accessories found on the car include a sporty floor-shifted automatic
transmission, power windows, a factory radio, and the very desirable
factory air conditioning.
SCM Analysis This car, Lot 95, sold for $297,000, including buyer’s
premium, at RM’s sale in Phoenix, AZ, on
January 17, 2014.
When admiring any classic car, the avid enthusiast can easily paint
a picture of where and how that car should be used. For some cars,
owners might see themselves on a racetrack during a private track day
or debarking under the porte-cochère of a luxurious European villa.
But when it comes to an example like this of the Mercedes-Benz
280SE 3.5, the picture is of departing from the Hotel Bel-Air (no one
who is anyone would stay at the Beverly Hills Hotel, don’t you know?)
for a spring drive up the Pacific Coast Highway to Carmel — complete
with top down, wind in the hair and sunglasses to break the glare off the
ocean. So very Cary Grant.
That’s why this beautifully restored example of
the elegant V8
cabriolet (never call it a convertible) sold for $297,000. That’s all that
needs to be said.
The car of its time
However, for the person who lives at least some of the time in the world
of appraisals and provenance — rather than just in the fantasy world of
automotive enjoyment — of course there are the nitty-gritty details. While
being the world’s reliable producer of sturdy taxi cabs and reliable family
sedans, Mercedes-Benz has always had a 2-door model to put in the front
of the showroom to demonstrate its lock on the carriage-trade market.
During the 1960s, all the Hollywood stars drove these luxurious and
distinctive 2-door models, built on the W-111 chassis that they shared
with the staid 4-door finback, but with the smooth lines and rounded
fenders that emulated the smaller two-seat sports roadsters.
Over the course of that decade, the company would produce just
fewer than 36,000 units of the coupe and cabriolet, testifying to their
prestige. But the rarest of the rare for collectors were the V8 versions.
These were produced for only two years as a last desperate attempt to
keep the model alive against competition from cars such as the Cadillac
DeVille V8 that were selling for one-third the price of the Mercedes.
Even at that retail price, Mercedes was probably losing money on
each unit, since each 280SE coupe and cabrio was assembled by hand
off the assembly line, and the V8 versions required additional chassis
modifications.
So, alas, as the world spiraled down into recession caused by the
1967 oil embargo, there were fewer affluent buyers. The combination
of expensive supply and waning demand caused an end to production
in July 1971.
Rarity, presence and performance
What all this means today is that the best examples of the 280SE 3.5
cabriolet are rapidly increasing in price. The V8 versions are perfectly
suited to provide an appropriate driving experience for the person who
is willing to pay whatever it takes to get a no-excuses example.
In September 2011, The Star, magazine of the Mercedes-Benz Club of
America, valued an excellent example at $185,000. In January of 2014,
$300,000 was required to purchase this comparable example, and who
knows what the price might be in August in Monterey — or in Phoenix
next January. ♦
(Introductory description courtesy of RM Auctions.)
April 2014
77

Page 76

American Profile
1935 Auburn 851 Boattail Speedster
Respect — and value — for originality has heightened, and this car is a time
machine
by Carl Bomstead
Details
Years produced: 1935–36
Number produced: 150–500
Original list price: $2,245
Current SCM Valuation: $320,000–
$400,000
Tune-up cost: $300
Distributor cap: $75
Chassis #: On the right frame rail
Engine #: On the left side of the block
Clubd: ACD Club, CCCA
More: acdclub.org, classiccarclub.org
Alternatives: 1930 Packard 734 Boattail,
1931 Hudson T119 Boattail Speedster,
1934 Duesenberg Model J Boattail
Speedster
SCM Investment Grade: A
Comps
Chassis number: 32069E
I
n 1949, this exceptional Auburn Boattail Speedster
was discovered in an old garage in Omaha, NE. The
Auburn required some refurbishing, so a restoration
was undertaken in 1951, and it was decided to
restore the car as a 1936 852, perhaps in an attempt to
make the already rare Speedster seem even more desirable,
as 852s are extremely scarce. The Auburn was
parked in the garage during the summer of 1962, and
didn’t move from that spot for 52 years, with the exception
of a special display at the SAC Museum in 2004,
where the car was exhibited for six months.
Presented here is an exceptional opportunity: a 1935
Auburn Supercharged Boattail Speedster that has not
seen the light of day since 1962. This is a car so genuine
and proper, and so carefully preserved since then, that
it looks as good today as it did on the day it was put in
storage. It is, without question, truly remarkable.
SCM Analysis This car, Lot 142, sold for $467,500,
including buyer’s premium, at
Bonhams’ Scottsdale auction on January 14, 2014.
The success — and the eventual demise — of Auburn
lie with Errett Lobban Cord. As a brash used-car salesman
from the Moon Motor Car Company, he was hired
at the desperate Auburn Automobile Company and by
adding a little “sizzle to the steak,” moved the unsold
inventory — turning a $500,000 profit along the way.
Sales doubled in 1925 and again in 1926, and he became
the president. His vision for Auburn was racy styling
and exceptional performance at value pricing.
The Auburn Automobile Company prospered for sev-
78
eral years, but the Great Depression soon took its toll.
By 1933, sales had dropped to 6,000 cars. The V12 was
dropped and the 6-cylinder model returned. Sales did
not respond, and E.L. Cord no longer had his heart in
the program. So he moved to England and his automotive
empire languished.
In the midst of the Great Depression, performance
and dramatic styling did not sell cars, and production
of the Auburn ended in October of 1936. However, during
the company’s short life, Auburn produced three
iterations of the Speedster, perhaps the most dramatic
American car produced in the Classic Era.
Speedster history
The first Auburn Speedster, introduced in 1928, was de-
rived from the 1927 Duesenberg Model X Speedster. The
design, accredited by some to Count Alexis de Sakhnoffsky,
had sharply raked doors and windshield and a narrow
two-passenger body. It set a new one-mile speed record of
108.460 mph for stock cars at Daytona Beach. While this
feat brought people into the showroom, only 226 Auburn
Speedsters were produced in 1928. Production continued
into 1929 but was dropped for 1930.
Alan Huet Leamy, after a stint at Marmon, joined
Cord in April 1928 as a designer. Leamy was looking
for design work with a little more flair, and he was put
to work on the Duesenberg Model J and the Cord L-29.
His next project was to create a completely new de-
sign for the 1931 Auburn line. The Speedster was back in
the lineup late in the year, and Leamy redesigned it with
a boattail rear end and a raked windshield, making it
Sports Car Market
1935 Auburn 851 SC
Lot 171, s/n 33811E
Condition 2+
Sold at $517,000
RM Auctions, Phoenix, AZ, 1/18/13
SCM# 215009
1936 Auburn 852 SC
Lot 55, s/n 33914E
Condition 1Sold
at $605,000
Gooding & Co., Pebble Beach, CA, 8/18/12
SCM# 209444
1935 Auburn 851
Lot 118, s/n 33151E
Condition 3Sold
at $231,000
RM Auctions, Monterey, CA, 8/21/11
SCM# 183751
Pawel Litwinski, courtesy of Bonhams

Page 77

one of the most elegant Auburns produced. The Speedster was offered
as an Eight or Twelve in three trim lines, but only 20 were produced
in 1933 and those sold the following year were thought to be leftovers.
Leamy was the scapegoat for the disastrous 1934 sales year, and he
soon moved on to the Fisher Body Company.
Gordon Buehrig, who had worked at Dietrich, Packard and for
Harley Earl at General Motors, was brought in to give the Auburn line
a facelift.
Buehrig designed a new hood and massive radiator shell and grille
while eliminating the descending beltline. A supercharged version of
the Lycoming 8-cylinder engine, which produced 150 horsepower, was
installed in the revamped Speedster. Each Speedster was equipped
with a plate on the dash stating that the car had been driven 100-plus
miles per hour. This was a sales gimmick, as the plaques were attached
to the dashes prior to assembly. It is not known how many 1935–36
Speedsters were produced, and estimates range from 150 to 500.
Our subject car was found in an old garage in Omaha, NE, in 1949,
and it was restored in 1951. To update the car, a 1936 852 ID plate
was added and the radiator script changed to 852, a practice dealers
followed in the era with their leftover inventory. It was driven exten-
sively until after a race in which it beat a Duesenberg SJ, when it was
determined that the head was cracked. It was parked and did not move
for 52 years.
A bruised, beautiful original
The car, as to be expected, shows the bruises of time. The upholstery
is worn, the trim is pitted here and there and the paint is cracked and
aging. However, this Speedster is marvelously original. The car has the
correct headlamp lenses, with the pimple on the crown. It also has the
correct exhaust manifold, which looks like it was made by a high school
welding class. An NOS replacement head is with the car, so it can be
put in running order with little effort.
Not that many years ago, the first stop the new owner would make
would be to the restoration shop for a total frame-off restoration. With
the current values of Auburn Speedsters, a complete restoration would
even be financially prudent today, but respect — and value — for original
cars has heightened. It can always be restored, and we just hope
the new owner does not rush into a decision that he will later regret.
Well bought. ♦
(Introductory description courtesy of Bonhams.)
April 2014
79

siastic vintage racer, and the car was a frequent sight at VSCCA
events on a variety of tracks in the Northeastern United States
and Canada. Most notably, the car won and set a course record for
cars with under 1 liter of displacement, which was a record that
it would hold for seven years. Collins sold the car in 2005, after
over 20 years of racing and ownership, and it has been very well
looked after in the collection of its current owner since.
SCM Analysis This car, Lot 27, sold for $660,000, including
buyer’s premium, at RM Auctions’ sale in
Phoenix, AZ, on January 16, 2014.
One has to wonder if the Maserati brothers offended some
ancient gods in previous lives. The cars built by the company that
bears their name have been highly praised and underappreciated
(read: undervalued) for years. If you agree on that point, then the
cars they built carrying the OSCA badge following their departure
from their eponymous Modenese firm suffer even more so.
Small, fast cars
Once again free from the need to think about road cars, at
OSCA the Maserati brothers turned their genius full force onto
the circuits and road courses of the world, concentrating on the
kind of small-displacement cars they loved best. Almost without
exception, OSCAs performed brilliantly in competition, whether
driven by the leading professionals or well-to-do amateurs. As a result, they have an
enviable record in both international championship events as well as all levels of club
racing on three continents.
Most are clothed in attractive bodies, generally built by the unsung carrozzerie
of Italy, such as Motto or Morelli. Easy to drive, they flatter the merely adequate
driver — such as myself — with their balance of power, chassis and suspension, while
allowing the truly talented pilot a great deal of fun along with absolutely crushing
the competition. With a few exceptions, these car are also inexpensive to run and
maintain, provided you don’t put it dirty-side-up too often and have a bit of respect
for rev limits.
Getting tubular
Our subject car was a lovely example of one of the prettiest OSCA 750-cc cars, a
small car with a big-car look. This Tipo S-187N — or second series model — has the
advantage of the fully hinged hood/fender design, which makes engine maintenance
far easier than in the first series (Tipo S-187). When built, the Tipo S-187 earned
the nickname “Toothpaste Tube” for the way the front and rear tapered down and
inwards, resembling the standard Italian toothpaste container of the time.
Speaking of tubes, the prototype S-187 also had a remarkable chassis structure,
consisting of a labyrinth of small-diameter tubes. It was said to be unique in Italian
construction, a bit like a cross between the triangulated chassis of the Maserati
Birdcage and Carrozzeria Touring’s Superleggera technique. However, it proved too
costly to produce, and the remaining cars reverted to a more traditional chassis of
large-diameter tubes.
Living provenance
More than with any other type of car, originality and history become of vital impor-
tance when it comes to competition cars — especially small-displacement Italian cars.
This OSCA had an uninterrupted ownership history, with several of the owners still
on the right side of the grass. As such, ownership claims can be fairly easily resolved
and historical details confirmed. For a car such as this, knowing its whereabouts
from new is more important than a file full of records
listing a large number of former owners who are now
conveniently deceased.
Because cars such as this are easily reproduced, an
expert’s inspection and report are important to a prudent
buy. There is nothing quite like the sinking feeling
one might get when a letter arrives from the organizers
of a major international event that a car with the same
chassis number as yours has already been accepted and
Sir Stirling Moss or some other luminary is driving it.
While it’s certainly not unusual to have engines changed
in these cars due to wear, damage or a desire to run in
different competition classes, the one slightly odd thing
about this OSCA’s description is the story of the engine
numbers.
The chassis plate bears the number of the current en-
gine 769N, which according to the catalog description,
is the second engine fitted to the car. In most circumstances
that would be a red flag of the highest order.
It is said that 769N was ordered as a spare from new
and installed a year later — enlarged to 850 cc — while
engine 774N first ran in the car. It seems more likely that
769N was delivered with the car and removed for the
upgrade, with 774N having been ordered as a spare. As
774 and 769 do not appear in lists of engine numbers for
any other cars, this is almost certainly the case.
A bargain at this price
This car was very well finished, as befits these cars.
Although simpler than many of their contemporaries, the
cars produced by Maserati, including their race cars,
generally were finished better than their counterparts.
While I didn’t go through every inch, the frame welds
appeared to be consistent with period work, which is
very important for determining both structural condition
and originality.
The price achieved for this car doesn’t seem particu-
larly low by absolute dollars for an under-1-liter car,
but when you look at the provenance, condition, usability
and event eligibility, the value becomes more plainly
apparent. That this car was not driven by star drivers
makes the price even more impressive. This is a case
where the brothers Maserati received their due — but
these cars are still bargains. ♦
(Introductory description courtesy of RM Auctions.)
April 2014
81

Page 82

Market Reports Overview
A Quarter-Billion Dollars
Arizona auction week hits a new milestone
By Tony Piff
http://bit.ly/ZOf8zr
old. All told, 2,822 cars crossed the auction block, and 2,381
hammered sold for a combined $253m among the six auctions.
That’s growth of 12% over last year’s $225m. Average
price notched up to $106,399 from $99,619.
More than half of those 2,381 cars sold at Barrett-
B
Jackson. Barrett sold 1,401 cars of 1,405 offered (99.7%),
totaling $110m — a new record for Barrett that eclipses the
$108m of Scottsdale 2007 — and average price crept up to
$79k from $77k. Toward the top of the high-sale list, a 1955
Mercedes-Benz 300SL Gullwing sold for $2.1m — the most
expensive 300SL of the week — but the top two slots were
Corvettes: a 1967 L88 coupe at $3.9m and the 1969 “Rebel”
racer at $2.9m.
At Gooding & Company, 11 of the top 15 sales were ei-
ther Ferrari or Mercedes-Benz, including four 300SLs, with
prices ranging from $1.4m to $1.9m. (Will $2m soon be the
new market price for a Gullwing?) A 1958 Ferrari 250 GT
Series I cabriolet was the top lot at $6.1m. Gooding sold 110
of 118 consignments (93%), for a $49m total and an average
price of $450k. That was the most expensive average price
of any auction this week and the biggest total after BarrettJackson,
but last year did look slightly stronger at $52m total
and $520k average per car.
RM had its strongest Arizona sale to date. Sales surged
up 25% to $46m from $36m last year, among 108 cars sold
out of 126 (86%). Average price per car declined to $421k
from $486k. The two 300SLs here were slightly more affordable
at $1.1m (for the Roadster) and $1.3m (Gullwing),
but a 1958 Ferrari 250 GT LWB California Spyder was the
most expensive car of the entire week at $8.8m.
SCM 1-6 Scale
Condition Rating:
1: National concours standard/
perfect
2: Very good, club concours,
some small flaws
3: Average daily driver in decent
condition
4: Still a driver but with some
apparent flaws
5: A nasty beast that runs but
has many problems
6: Good only for parts
84
uyers, sellers, collectors and spectators descended
on Arizona auction week 2014 with renewed vigor.
For the first time, overall totals surpassed $250m,
and average price per car crossed the $100k thresh-
Sales Totals
$110,439,505
Barrett-Jackson, Scottsdale, AZ
Gooding & Company, Scottsdale, AZ
RM, Phoenix, AZ
Bonhams, Scottsdale, AZ
Russo and Steele, Scottsdale, AZ
Silver, Ft. McDowell, AZ
$3,312,630
$21,178,532
$23,380,500
For a second consecutive year, Bonhams grew its Arizona total by nearly 100%, from
$6.9m in 2012 to $13.5m in 2013 to $23.4m this time around. Of just 101 cars consigned, they
sold 87 (86%), and average price jumped to $269k from $146k. There was a pair of 300SLs
here as well: the 1955 Gullwing sold at $1.1m, and the 1961 Roadster made $1.2m. A 1951
Ferrari 212 Export coupe took top honors at $3.2m.
Russo and Steele also managed to beat the week’s overall growth figure of 12%. The
auction house sold 484 cars out of 735 (66%), for $21.2m total, up 19% from 2013’s $17.7m.
The average sale was $44k (up from $39k), showing that the market is growing even below
the $100k price point. On the Russo high-seller podium were a 1966 Lamborghini 350GT
at $743k, a 1963 Pontiac LeMans Super Duty Lightweight at $335k and a 1971 Dodge Hemi
Challenger at $317k.
Silver had a solid Arizona auction with numbers right in line with recent years. 191
of 328 cars sold (57%), totaling $3.3m, for a $17k average price. The top three sales were
representative of the variety offered here: a 1972 Jaguar XKE Series III convertible at $82k,
a 1948 Cadillac Series 62 convertible at $76k and a 2009 Dodge Viper coupe at $71k.
A week prior to the Scottsdale hoopla, MidAmerica and Bonhams started the year with
antique motorcycle auctions in Las Vegas. We conclude this issue with selected motorcycle
highlights from both sales. ♦
Top 10 Sales This Issue
(Land Auctions Only)
1. 1958 Ferrari 250 GT LWB California Spyder,
$8,800,000—RM, p. 118
2. 1958 Ferrari 250 GT Series I cabriolet,
$6,160,000—G&C, p. 104
3. 1997 McLaren F1 GTR Longtail coupe,
$5,280,000—G&C, p. 100
4. 1956 Ferrari 410 Superamerica coupe,
$3,300,000—G&C, p. 104
5. 1951 Ferrari 212 Export coupe, $3,190,000—
Bon, p. 126
6. 1931 Alfa Romeo 6C 1750 Supercharged Gran Sport Spider, $3,080,000—Bon, p. 126
7. 1961 Porsche 718 TS 61 Spyder, $2,750,000—RM, p. 116
8. 1966 Ferrari 275 GTB/6C coupe, $2,640,000—Bon, p. 128
9. 1963 Ferrari 250 GT/L Lusso coupe, $2,447,500—RM, p. 118
10. 1961 Ferrari 250 GT Coupe Speciale , $2,365,000—G&C, p. 106
1. 1997 McLaren F1 GTR Longtail
coupe, $5,280,000—G&C,
p. 100
2. 1954 Alfa Romeo 1900C SS coupe,
$649,000—G&C, p. 104
3. 1936 Delage D-6 70 Milford cabriolet,
$544,500—RM, p. 114
4. 1960 Lotus Elite Series II coupe,
$97,900—Bon, p. 124
5. 1956 Cadillac Sedan DeVille 4-dr hard
top, $7,452—Sil, p. 146
Sports Car Market
Best Buys
$49,461,550
Scan this code with
your smartphone for
complete results of
each auction covered
in this issue, or go
to URL listed (left)
$45,563,450

Page 84

Barrett-Jackson Scottsdale, AZ
Barrett-Jackson — Scottsdale
A 1967 Chevrolet Corvette L88 coupe sold for $3.9m, and Guinness
confirmed that Barrett’s new marquee is the world’s biggest
Company
Barrett-Jackson
Date
January 12–19, 2014
Location
Scottsdale, AZ
Auctioneers
Assiter & Associates: Tom
“Spanky” Assiter, lead
auctioneer
Automotive lots sold/offered
1,401/1,405
Sales rate
99.7%
Sales total
$110,439,505
High sale
1967 Chevrolet Corvette L88
coupe, sold at $3,850,000
Buyer’s premium
Bigger, better and backed up by Guinness...and results
Report and photos by Dan Grunwald
Market opinions in italics
the word “huge” seem somehow inadequate.
The WestWorld complex has been completely
redesigned with more tents than ever, and
Barrett-Jackson is the first event to make use
of the massive new event center building that
was recently finished.
The car-selling podium and main entry
I
area are now housed in this permanent building
— along with a real-deal rodeo that Barrett
hosted on Friday and Saturday evening. The
f you’ve been to Barrett-Jackson’s flagship
Scottsdale sale, you know that it’s a
huge event like nothing else in the auction
world. Well, this year’s event made
total area of nearly a half-million square feet was big enough to warrant a new Guinness record
for “world’s largest marquee.” It takes some stamina and determination to see it all in one day,
but the ever-growing selection of food vendors helps to keep you on your feet.
In years past, Barrett-Jackson has been closely associated with the muscle car trend. I still
saw a huge selection of muscle cars this year, but with the “Salon Collection” as well as the 5000
Series of top-level cars, I also saw many of the great classics of the past making a comeback.
Think Packard, Duesenburg, Cord, Rolls-Royce, Delahaye and Auburn. Still, Barrett-Jackson’s
two biggest sales were both Corvettes: a 1967 L88 coupe at $3.9m and the 1969 “Rebel” racer
at $2.9m.
A 1955 Mercedes-Benz 300SL Gullwing also managed to surpass $2m, selling for $2.1m.
It didn’t hurt that the car crossed the block with Sir
Stirling Moss in the passenger’s seat.
Coming in just shy of $2m was a 1998 Ferrari
F300. The car was never driven in a race, but it was
the Ferrari team’s principal test car, and it sold for
$1.9m. Simon Cowell’s 2014 Bugatti Veyron brought
$1.4m. A 1929 supercharged Duesenburg that sold at
$1.4m also deserves mention.
Down in the “affordable” ranks, there was plenty
1998 Ferrari F300 racer, sold at $1,870,000
86
to choose from under the $79k average price. The
selection was varied and included American muscle,
Shoebox Chevys, Shelbys, pickups and foreign exotics,
not to mention the usual “cute” categories of minicars,
microcars and VWs of every stripe — which
always do well here. With over 1,400 cars offered, it’s
hard to think of anything that wasn’t represented. ♦
$20m
$40m
$60m
$80m
$100m
$120m
0
Sports Car Market
Sales Totals
2014
2013
2012
2011
2010
10%, included in sold prices

Page 86

Barrett-Jackson Scottsdale, AZ
ENGLISH
#5061-1932 ROLLS-ROYCE PHAN-
TOM II Kellner salamanca. S/N 78JS. Black
& green/black cloth/green leather. Odo: 294
miles. The chrome, paint and interior are
show-ready. Phantom II chassis with body by
the French builder Kellner. Restored by Mike
Fennell in 2011. Cond: 1-. SOLD AT
$440,000. The French coachbuilder Jacques
lesser-known coachbuilder, pinning a price on
this car is difficult, but I have to call this one
bought correctly.
Kellner made it through the Great Depression,
but when he was shot by the Nazis as a spy in
1942, the coachbuilding business died with
him. Ex-Harrah, Nethercutt and Blackhawk
Collections, all of which confirm the significance
of this car. Fair transaction.
#1275.1-1955 AC ACECA coupe. S/N
AEX542. Gray/gray leather. Odo: 18 miles.
Great paint on a straight and true aluminum
body with a new interior and a Hurst shifter.
Painted wire wheels with knockoff hubs.
Imported to Los Angeles in 1955 as an LHD
model. Restored in 2013 in Arizona with a
260-ci Ford V8 and 4-speed transmission. Engine
has an alternator in place, which might
help date the conversion. Cond: 1-. SOLD AT
$96,800. Not many comparable sales for such
a piece, and purists will cringe, but Shelby
kind of made it okay to put a Ford engine in
an AC. Or at least, that was the thinking here.
Very well sold, but hard to resist the workmanship.
FRENCH
#5051-1947 DELAHAYE 135M cabrio-
let. S/N 800788. Red & black/black cloth/
black leather. Odo: 336 miles. Beautifully presented
and well detailed. This car still looks
fresh from the restoration shop. The Cotal preselect
changes the four gears clutch-free.
Coachwork by Guillore. Cond: 1-. SOLD AT
$495,000. It took some time as the bidders
were slow on this car, but after much work it
finally hammered down. The auctioneer
worked hard to get more, but it just wasn’t
there today on this car. With a somewhat
88
torcycle engine with a 3-speed manual transmission.
Cond: 1-. SOLD AT $33,000.
Manufactured by George Mochet (who also
invented the recumbent bicycle). I’ve never
seen one before, but this would make a great
ad vehicle for any business. Cute always sells
well here if it is as clean as this car. I think the
price seems to be in line with some of the cars
sold out of the Bruce Weiner microcar collection.
#5069-1955 TALBOT-LAGO T26 Grand
Sport coupe. S/N 111017. Maroon/beige
leather. RHD. Odo: 97,494 miles. From the
Salon Collection. Some glass chips and light
scratches. Aluminum front and rear
bumpers look a bit dull next to the chrome
trim. The steering column stalks show worn
chrome. One of 11 surviving today. Built on
the same very successful Grand Prix-winning
chassis used by Talbot-Lago in the 1950s.
#771-1953 MOCHET COMMERCIALE
delivery truck. S/N 004935. White/red vinyl.
Odo: 287 miles. Good paint, chrome and interior.
Dash has two switches, one knob and one
gauge. Sliding side windows. Very simple and
really small. The rear wheels are much closer
together than the front ones—take corners
carefully! Powered by a 125-cc Zurcher mo-
with a certified factory inspection and a oneyear
extended Bugatti factory warranty—the
first vehicle from Bugatti’s certified pre-owned
program. I would be tempted to really thrash it
for about 364 days. Market-correct price, all
things considered.
GERMAN
#5057-1927 MERCEDES-BENZ 630K
convertible. S/N 32019. Black/black cloth/
brown leather. Odo: 5,275 miles. English-bodied,
supercharged Mercedes. The shiny black
paint shows lots of flaws, chips and worn
spots. The radiator nickel plating is worn
through to the brass, and the rear gas tank
cover is wavy. The inside of the headliner trim
is deteriorating. The seats and door panels
and two Copperstate 1000s. Cond: 1-. SOLD
AT $495,000. Sold in 1984 at Sotheby’s in the
U.K. for $30k (SCM# 13871); in 1991, a nosale
at World Classic Las Vegas (SCM#
19757); in 1992, a $160k no-sale at Kruse Auburn;
in 1993, a $140k no-sale at World Classic
at Danville (SCM# 19761); and in 2011, a
$260k no-sale at Gooding Amelia Island
(SCM# 176297). Strong price now seems fair
in today’s hot collector market.
#1319.2-2008 BUGATTI VEYRON
coupe. S/N VF9SA25C68M795060. Black/
black leather. Odo: 1,357 miles. As-new with
only 1,357 miles on the odometer. Owned by
Simon Cowell, purchased new in Beverly
Hills. Cond: 1-. SOLD AT $1,375,000. Comes
look new, although the steering wheel shows
lots of age. “Thomas Harrington Mfg., Church
St. Brighton” label on the windshield-surround.
Cond: 2-. SOLD AT $715,000. A combination
of original and restored. Previously
no-saled at $400k at Bonhams’ 2010 Carmel
sale, where we said “a sexier body or sharper
restoration” would be needed to achieve a
bigger price (SCM# 165561). Well sold.
#5044-1955 MERCEDES-BENZ 300SL
Successfully completed five Colorado Grands
Gullwing. S/N 5500634. Silver/blue & gray
plaid cloth. Odo: 65,999 miles. A couple of
small chrome flaws are visible on the rear
bumper, all other areas are excellent. Very
Sports Car Market

Page 88

Barrett-Jackson Scottsdale, AZ
original and all numbers-matching, engine,
chassis, body, transmission, rear end, front
#765-1967 MERCEDES-BENZ 230SL
convertible. S/N 11304210017678. White/
brown cloth/tan leather. Odo: 69,694 miles.
Some orange peel and masking lines visible,
some light trim scratches show. Chrome, top
and interior all show very well. Two tops. A
axles and original, factory belly pans. Cond:
1-. SOLD AT $2,090,000. A three-owner car
with the last owner from 1960 to May of 2013;
originally purchased in Hollywood, with documented
ownership in southern California for
its entire life. Restored in 2010. Titled as a
1956. Originality and ownership history explain
the top-of-the-market price.
#705-1957 BMW ISETTA 300 microcar.
S/N 513418. Two-tone blue/gray vinyl. Odo:
12,679 miles. New mid-level paint and new
interior. The bumpers have been re-chromed
over some pitting. All trim shows well. Said to
have been mechanically rebuilt. The too-long
lection. A beautiful, important Alfa, well
bought and sold.
couple of windshield chips. Cond: 2. SOLD
AT $58,300. I liked this car. The mileage
looked to be original, and the car seemed very
well cared for. Said to be a one-owner car, but
we watched it sell in June of 2013 at MidAmerica’s
St. Paul sale for $31k (SCM# 222604).
Definitely well sold today, but not a bad buy.
#675-1969 GOGGOMOBIL TS 250 mi-
crocar. S/N 02282395. Red & white/gray vinyl.
Odo: 38,182 miles. Two-tone recent paint
with a crack on the left rear side panel and
large cracks on the passenger’s door panel and
at the base of the driver’s door. Driver’s door
also fits wide at the bottom. Lots of cracked
and loose weatherstripping. The bumper and
#5074-1986 FERRARI TESTAROSSA
Straman Spider. S/N ZFFSA17A760065417.
Black/black/black leather. Odo: 17,500 miles.
Convertible conversion by Straman. Center
front hood dent. Paint scratches on right rear
fender and left side grilles behind driver’s
door. The driver’s seat shows wear. Wiper
scratches on windshield. Micro-scratches
show on the black but should buff and wax
out. Some paint is missing on the edge of one
wheel. Cond: 2+. SOLD AT $73,700. Said to
have had its major 30k-mile service already
done. That’s a good thing, since even though it
only shows 17,500 miles, the car is 28 years
old already. Sold at the market price despite
having been made into a convertible.
#124-1988 FERRARI MONDIAL cab-
wiper blades extend beyond the windshield.
Cond: 2. SOLD AT $47,300. Looks like a nice
restoration and should be a good driver. Some
patience will be required in getting anywhere,
but the fun is in the trip, not the destination.
Quite well sold.
#5064-1959 MERCEDES-BENZ 190SL
convertible. S/N 1210409600417. Red/tan
cloth/tan leather. Odo: 149 miles. Appears factory-new
inside and out, top to bottom. The
very fresh four-year-long, high-level restora-
headlight chrome look good; some trim
chrome is weak. Good interior with some
cracking on the steering wheel. Two-cycle engine
and 4-speed trans (0–60 in 26 seconds).
Cond: 3+. SOLD AT $33,000. One of the
roomier microcars, despite its small outside
dimensions. The instrument that looks like a
speedometer might in actuality be a calendar.
It seems like most of the well-done microcars
here sell in in the $30k range.
ITALIAN
#5053-1939 ALFA ROMEO 6C 2500
tion was finished in 2013. Cond: 1-. SOLD
AT $192,500. Go back in time and into an
M-B dealer in 1959, and this would be on the
showroom floor. I thought it might be the best
one on the planet. Very well sold.
90
Touring coupe. S/N 915030. Green/brown
leather. Odo: 156 miles. Said to be one of 13
examples by Carrozzeria Touring. Flawless
older restoration still presents well. Prize winner
at Pebble in 1998, Kirkland in 2004, Quail
in 2012. Sliding front windows and trafficators.
Heavily promoted in pre-sale marketing.
Twin overhead-cam engine. Cond: 1-. SOLD
AT $1,045,000. Imported to U.S. in 1962.
Prior history not available. Restored 1994–
1998 and being offered by the Blackhawk Col-
riolet. S/N ZFFXC26A3J0074663. Red/
tan/tan leather. Odo: 20,627 miles. Visible
paint chips on front slats and chip on rear
wheelwell. Dent in front of left headlight.
Clean interior. Some wheel rash, especially
heavy on right front wheel. CARFAX shows a
1999 left front impact. Cond: 2+. SOLD AT
$31,900. You never see any Ferraris with auction
lot numbers as low as #124 in an auction
of this size. You’d expect the CARFAX to keep
the price low, but that didn’t happen here. The
realized price would be market-correct for a
car with no accident history. Well sold.
#5072-1991 FERRARI F40 coupe. S/N
ZFFMN34A2M0087589. Black/black leather.
Some light paint flaws on the hood. The door
panels show some light rippling. Newer seats,
wheels and exhaust. Bought as a wreck that
CARFAX calls “Severe Damage” and rebuilt
Sports Car Market

Page 90

Barrett-Jackson Scottsdale, AZ
on the “Fast N’ Loud” TV show. Color
changed from red to black with custom
far more Packard stockholders than Packard
owners. By 1930 there were more Packard
sellers than Packard buyers. Today, Packards
are some of the most popular of all classics.
Great drivers and great lookers.
#5060-1929 ROLLS-ROYCE PHAN-
features and “go faster” stuff. Cond: 1-. SOLD
AT $742,500. The wreck, rebuild, non-factory
parts and color-change didn’t seem to hurt the
final selling price here. Must be the TV rebuild
that added value. I’m not sure if that value will
still be there when it is sold again next time
around. Being a bit of a purist, I would call it
well sold indeed. (See Collecting Thoughts on
p. 48)
#5080-1998 FERRARI F300 racer. S/N
183. Red/black cloth. Formula 1 race car
driven by Michael Schumacher and Eddie Irvine.
Signed, “Eddie I 2009.” Never raced but
documented as being the team’s principal test
vehicle. Ferrari Classiche certified. V10, 805
hp, 17,500 rpm hooked to a 7-speed buttonshift
transmission. Looks “as new.” Clean and
fetch this much, but this price has more to do
with the modernizations for rock-crawling fun.
Well sold.
AMERICAN
#5048-1929 DUESENBURG MODEL SJ
phaeton. S/N 2158. Maroon & black/black
cloth/maroon leather. Odo: 2,905 miles. Can’t
find a flaw. The whitewalls look a bit dirty.
Supercharged I8 engine with dual carbs. Dual
sidemounts, Pilot Ray lights, dual spotlights.
The catalog states that this car was one of 24
Model Js with supercharged engines “from
birth.” Montana license plate: “Duesy.” Invited
to Pebble Beach in 1988 and 2011.
TOM I phaeton. S/N S308LR. Black/tan
cloth/maroon leather. Odo: 120,550 miles. All
paint, chrome and wood show very well on
this Springfield Rolls. The chrome windshieldsurround
is signed “Walter M. Murphy Coach
Builders.” Leather front seat has a pleasant patina
and one worn-through spot on driver’s
side. The frame and front suspension are
painted red-orange. Said to still have the original
chassis, body and engine. From the Blackhawk
Collection. Cond: 2+. SOLD AT
$550,000. Said to be one of only 21 Ascot phaetons
built. The U.S. factory in Springfield
built Phantom Is from 1926 to 1931. The
Rolls-Royce horsepower figures are a bit hard
to pinpoint. The factory simply called it “sufficient.”
Bought fairly.
in “race prep” condition. The third of nine
F300s built. Cond: 1-. SOLD AT $1,870,000.
As noted on the car card, “NOT STREET LEGAL,”
in case there was any question. The
F300 is one of the most important cars in Ferrari
history, marking the company’s return to
dominance in Formula One and Schumacher’s
five world-championship wins. Sold at RM
London in October 2012 for $643k (SCM#
219191). Very well sold today.
JAPANESE
#707-1977 TOYOTA LAND CRUISER
FJ40 SUV. S/N FJ40237951. Silver/black &
silver vinyl. Odo: 62 miles. Built with a 350
Vortec V8 and 700R4 auto trans. All of the interior
flooring is Rhino-lined. All of the side
glass shows scratches. Sunroof, winch, locking
hubs, jack, shovel and roll bar. Brand-new,
oversized, off-road tires and rims. Cond: 2+.
SOLD AT $49,500. Last seen at Barrett-Jackson’s
2011 Las Vegas sale, where it sold for
$35k (SCM# 185796). Land Cruisers are very
popular here. Pick your color and how you
would like it accessorized, and you will probably
find one. Well-restored stock vehicles can
92
Cond: 1-. SOLD AT $1,430,000. When E.J.
Cord purchased Duesenberg in 1926, he offered
the Duesenberg brothers a blank check
to build the finest automobile in the world. The
Model J debuted in 1929 as a chassis with
drivetrain and no body at a price of $8,500,
when a Model A could be purchased for $450.
An all-time gold-plated investment-grade classic
that always brings excitement. The supercharged
engine is just icing (and dollars) on
this cake.
#5076-1929 PACKARD CUSTOM
EIGHT phaeton tourer. S/N 176137. Brown/
tan/brown leather. Odo: 58,394 miles. No
chips or flaws visible on the paint or chrome.
Pilot Ray lights and dual spotlights. A very
evenly. Still show-ready. Cond: 1-. SOLD AT
$137,500. CCCA National First Place Senior
Award on cowl. This top-of-the-line Pierce
7-passenger doesn’t quite have the sporting
look of Lot 5062, the $143k rumble-seat roadster,
but the selling price compares very favorably.
Well bought.
high-level restoration. Cond: 1. SOLD AT
$220,000. Senior Premier National First
CCCA Badge on the cowl. In 1929 there were
#5045-1932 AUBURN TWELVE Boattail
Speedster. S/N 2793E. Black & yellow/
black cloth/black leather. Odo: 12,182 miles.
Some paint scratches on the soft-top cover and
a couple of light dents on the right runningboard
trim. Woodlight headlights and parking
lights. Lalique hood ornament. Body-off restored
five years ago and still shows fresh.
CCCA Senior National First Award on cowl.
One of the best classic body styles ever built.
Sports Car Market
#5059-1931 PIERCE-ARROW MODEL
41 7-passenger tourer. S/N 3050171.
Maroon/tan cloth/maroon leather. Odo: 9,097
miles. A few very minor age flaws present but
nothing serious. The restoration was done
8,000 miles ago and looks to be holding

Page 92

Barrett-Jackson Scottsdale, AZ
Cond: 1-. SOLD AT $484,000. Last seen at
Worldwide’s 2012 Auburn sale, where it nosaled
at $275k (SCM# 118175). Before that,
sold for $281k at Worldwide’s 2011 Atlantic
City sale (SCM# 169001) and no-saled at
Kruse Hershey in 2008 at $380k (SCM#
118175). Despite this being a wonderful car in
1932, the total company sales were 7,939 cars
and the company profit was just $7,500! By
1936, the Auburn car company ceased to exist.
A fabulous-looking car that could be a star in
any collector’s garage. Well bought and sold.
#5058-1933 MARMON SIXTEEN convertible
sedan. S/N 16145902. Yellow/black
cloth/tan cloth. Odo: 32,276 miles. Full Classic
that presents as perfect. No dirt, chips,
cracks or visible wear or aging anywhere. It is
stated that the 32,276 miles are original. This
is said to be the only convertible sedan Marmon
built with a cloth interior. It was built especially
for Mrs. Marmon’s personal use.
Pebble Beach First Place in 1989 and still capable
of winning at any major concours.
Cond: 1. SOLD AT $660,000. This was Mar
mon’s last year of production, with calendaryear
registrations of only 86 cars. In January
1934, it was sold to the American Automotive
Corp. (operated by Harry Miller (of Indy
fame) and Preston Tucker, who fared no better.
This very impressive Sixteen last sold at RM
Phoenix in 2009 for $330k (SCM# 119098).
Well bought and sold today.
#5046-1936 AHRENS-FOX BT fire en-
gine. S/N 4017. Red/black vinyl. Odo: 15,313
miles. Originally delivered to Mt. Vernon, NY.
Said to have cost $200k to restore. Twenty-six
feet long with 1,000 feet of hose. Thought to
be one of only six left. Great paint and chrome
trim. The chrome is peeling off the sidemounted
water-hose ends. Lots of paint. Lots
of chrome. Real gold-leaf lettering. Massive
1,140-ci straight six dual-sparkplug engine.
Cond: 2. SOLD AT $196,000. Recently seen
at Mecum Kansas City in April 2013, where it
sold for $133k, where our reported noted that
“Ahrens-Fox is at the top of the pecking
order” for collectible fire trucks (SCM#
216481). Well sold here, although this would
be the one to over-pay for.
#5079-1936 LINCOLN MODEL K town
car. S/N K6702. Maroon/black vinyl/black
leather. Odo: 96,660 miles. Numerous visible
paint chips and flaws. The chrome on the gas
cap and vacuum wiper motors is pitted. Cloth
upholstery in passenger’s compartment is
showing age. Brunn coachwork. Dual sidemounts
with mirrors. Cond: 2. SOLD AT
$88,000. Previously seen at Barrett’s 2006
Scottsdale auction, where it no-saled at $70k
(SCM# 40295). Said to be one of only 20
Brunn-bodied Lincoln town cars built in 1936.
94
Sports Car Market

Gooding & Co. Scottsdale, AZ
Gooding & Company — The Scottsdale Auctions
Thirteen lots brought over $1m, with six over $2m and three others giving
small change back from a $2m bill
Company
Gooding & Company
Date
January 17–18, 2014
Location
Scottsdale, AZ
Auctioneer
Charlie Ross
Automotive lots sold/offered
110/118
Sales rate
93%
Sales total
$49,461,550
High sale
1958 Ferrari 250 GT Series I
cabriolet, sold at $6,160,000
Buyer’s premium
10%, included in sold prices
1958 Ferrari 250 GT Series I cabriolet, sold at $6,160,000
Report and photos by Donald Osborne
Market opinions in italics
$2m and three others giving small change back from a
$2m bill. The average sale price was $450k, and multiple
world auction records were set in the process.
While that is all certainly impressive, it’s interesting
G
to note the sales totaled less than the company achieved
in 2013. Then, it took only 101 cars to reach $52.5m, the
ooding & Company had another excellent
sale in January, selling 93% of the 118 lots on
offer in Scottsdale for nearly $50m. Thirteen
of those lots brought over $1m, with six over
sell-through by lot was 96% and the average price $520k. I don’t view this as a negative,
however. Far from it. I view it as the sign of a healthy, discerning market in which
bidders will step up to pay a premium for special cars, buy very good cars at very good
prices, and eschew over-reserved cars seeking to push their market level.
We can almost count on a Gooding auction to see at least one market breakthrough
sale and this one boasted two. Going into the Arizona sales, we all knew that the
Lancia Aurelia B24 Spider America was poised to break into the million-dollar club.
And so it did — in dramatic fashion, almost joining the $2 million club at $1.8m.
Likewise, the perennially market-underperforming high-performance Alfa Romeo
Montreal set an impressive high-water mark at an astounding $176k, nearly double the
$92k realized for one at Monaco in May 2013.
The “barn find” frenzy continued unabated,
with a very dusty black 1956 Mercedes-Benz
300SL Gullwing opening at $500k, shooting
quickly through the $1m reserve to sell at $1.9m,
while a stunningly restored black 1956 Gullwing
went to its new owner for $1.4m.
There was very good energy present in the
1956 Mercedes-Benz 300SL Gullwing, sold at $1,402,500
98
sale room on both days. The brilliant and everentertaining
auctioneer Charlie Ross kept the
bidding audience continually engaged throughout.
His amusing bon mots are always too many
to list, but one in particular stuck with me.
When auctioning a 1973 Lotus Elan Sprint, he
quipped, “That’s all you need in life — pretty,
fast and without reserve!” Indeed, and it sold for
a strong $88k. ♦
Sales Totals
$60m
$50m
$40m
$30m
$20m
$10m
0
2014
2013
2012
2011
2010
Sports Car Market

Page 98

Gooding & Co. Scottsdale, AZ
ENGLISH
#24-1959 AUSTIN-HEALEY BUGEYE
SPRITE roadster. S/N ANSL16468. Pink/
black leather. Ex-Donna Mae Mims, 1963
SCCA H-Production Championship-winning
car. Very good panel and body finish for a
competition car. Lovely Moto-Lita-type woodrim
steering wheel. Later race bucket seats
cars carried this over the $90k low estimate
but not into crazy territory. Correctly bought
and sold.
#8-1966 SUNBEAM TIGER Mk I con-
show wear and sagging. Cond: 2-. SOLD AT
$48,400. A great piece of U.S. competition
history. Interestingly, the car was purchased
new by vaccine pioneer Jonas Salk. It’s wonderful
that it survived and was given such a
loving restoration, complete with Mims’ autograph
on the dash. Well bought.
#54-1960 TRIUMPH TR3 roadster. S/N
TS58623L. Green/green hard top/black
leather. Odo: 43,295 miles. Replica Works
rally car, complete with roof-mounted light.
Good panel fit, slightly under build standard.
Good paint shows some aging, with microblisters
and settling, light scratches. Good bright
vertible. S/N B9473212LRXFE. White/black
vinyl/red leather. Odo: 27,858 miles. Fair
panel fit, with both doors out at rear edge.
Very good paint, very good chrome, but left
fender “260” engine badge is crooked. Very
good interior, aftermarket Nardi wood-rim
wood trim. Cond: 3. SOLD AT $59,400.
Charming little Citroën, with a simple but
well-designed and nicely detailed boattail
body. Slow but fun. Well sold near $65k upper
estimate.
wheel a bit out of place. Titled as a 1965.
Cond: 2-. SOLD AT $77,000. A “Shelby modified”
Tiger, with additional small “updates”
and reliability mods added. For the purist, not
the best choice, but for a driver, a serious contender.
Correctly priced.
TOP 10
No. 3
BEST
BUY
#137-1997 MCLAREN F1
GTR Longtail coupe. S/N
21R. White & blue/black ve-
lour. MHD. Excellent panel fit. Very good
paint shows some light scratches and minor
scrapes. Interior shows little wear, some dust.
Engine compartment shows signs of running,
trim. Interior is generally good, with the seat
covers a bit wrinkled. Halda Speedpilot. Cond:
3+. SOLD AT $29,700. Nicely done to a
driver standard, used and well maintained.
The $55k–$75k estimate was a bit rich, but the
selling price a real bargain. Very well bought.
#13-1966 LOTUS CORTINA Mk I 2-dr
sedan. S/N BA74FT59391. White & green/
black vinyl. Odo: 18,486 miles. Very good
panel fit. Very good original paint shows
fading in green side spears. Some bubbling
low down on fenders near panel seams. Fair
chrome. Very good interior shows minimal
wear. Period AM radio. ARRC 1996 event
plaque on dashboard. Cond: 3+. SOLD AT
$107,250. Extremely low-indicated-mileage
example of this classic sedan racer for the
street. The current enthusiasm for original
100
with light oiling in spots. Cond: 2+. SOLD AT
$5,280,000. Driven by JJ Lehto and Steve
Soper in FIA GT Championship races, the
most successful privateer BMW Team car. In
very fine condition, this example of the ultimate
road/race car of the late 20th century
will only cement its status as a blue chip going
forward. Given the previous sales of F1s, this
one has to be considered well bought.
owned by Jules Heumann of Pebble Beach
Concours. Cond: 1-. SOLD AT $621,500.
Last seen at Gooding’s 2011 Pebble Beach
sale, not sold at an undisclosed high bid
(SCM# 184675). Stunning restoration of a
beautiful car, elegant and restrained in the
best manner of the Chapron coachworks. A
superb tour or concours entry. It has been
shown everywhere but will certainly get the
new owner invited back. Market-correct.
#36-1972 ALPINE A110 1800 coupe. S/N
18165. Blue & white/black vinyl. Odo: 58,717
km. Group IV factory-prepared A110 1800,
the most potent of the Alpines. Very good
panel fit, especially for this model. Good racecar-quality
paint, evidence of use showing.
Dull alloy trim. The good interior is fitted with
a roll hoop, Halda Tripmaster, twin Heuer
watches and press-type control labels in
Sports Car Market
#27-1937 HISPANO-SUIZA K6 coupe.
S/N 16069. Eng. # 333192. Two-tone burgundy/
dark red leather. RHD. Odo: 1,106 km.
Excellent panel fit, excellent paint shows only
light polish scratches. Equally fine chrome has
light scratches on headlight housings. Interior
is excellent, with almost no sign of use. Last
of the short-wheelbase K6 chassis, formerly
FRENCH
#3-1923 CITROËN TYPE C2 TL con-
vertible. S/N VA13707. Eng. # VA13707.
Yellow & black/black canvas/black leather.
Odo: 62,439 km. Variable panel fit, good
paint, very good bright trim. Good seat, worn
dashboard, with faded instruments and worn

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Gooding & Co. Scottsdale, AZ
French. Cond: 3-. SOLD AT $302,500. A
hairy rally car, it can be driven on the street
but just. Interesting but not important privateer
history, well presented as a weapon for
terrifying vintage-event use. As a factory car,
well bought at low estimate.
GERMAN
#52-1956 MERCEDES-BENZ 300SC
coupe. S/N 1880145500029. Eng. # 1999805500002.
Dark red/beige leather. Odo: 99,665
miles. Excellent panel fit and paint. Very good
chrome. The interior is superbly trimmed and
finished, with excellent wood trim. The only
flaws are some wear on the original wheel
center emblem and some soiling on the front
chrome. Interior likewise excellent, marred
only by two small cracks in the steering wheel
rim. Belly pans, fitted luggage. A color and
trim change from red with plaid cloth to black
with leather. Cond: 1-. SOLD AT $1,402,500.
This Gullwing was superbly restored to a high
level in 2007 and has been lightly used and
well maintained since. Sold from long-term
ownership in original but tired condition at
Barrett-Jackson Scottsdale 2006 at $377k
(SCM# 40426). Restored, then sold by RM in
Monterey 2011 for $836k (SCM# 183084).
This series of sales illustrates the smart curve
upward in 300SL prices, each transaction
market-correct at the time.
#18-1959 MERCEDES-BENZ 300SL
Roadster. S/N 1980429500015. Eng. # 1989808500357.
White/white hard top/black leather.
Odo: 33,882 miles. Excellent panel fit, paint
and chrome. Interior shows no sign of use.
Correct finishes in engine compartment. Nardi
and some crazing in plastic headlight surrounds.
Very good chrome. Excellent wood
trim, very good seats and dashboard. Cond:
3+. SOLD AT $121,000. The car sat well on
its suspension in preview and seemed to run
well also. These can be very scary to put right,
so research must be done. At the high estimate,
this transaction seemed correct.
seats. Fitted with rare single side-facing rear
seat. Cond: 1-. SOLD AT $550,000. The Sc is
the ultimate example of the big luxury coupe,
with fuel injection. One of only 98 built, this
one has been beautifully and expensively restored.
At the low estimate this was a very
good buy, as the restoration alone may have
cost two-thirds of that number.
#122-1956 MERCEDES-BENZ 300SL
Gullwing. S/N 1980406500214. Eng. # 1989806500178.
Black/red leather. Odo: 57,199
miles. Excellent panel fit. Very good paint
shows light polish scratches. Excellent
wood-rim wheel, Becker Mexico radio, hard
top. Cond: 1-. SOLD AT $1,430,000. Wonderful
presentation of a well-detailed restoration.
The shade of white seems a bit bright, but this
car was second in class at the 2012 Gull Wing
Group National Convention. Priced just right
in today’s market, arguably tomorrow’s bargain.
#135-1965 PORSCHE 911 coupe. S/N
302344. Eng. # 902453. White/black vinyl.
Odo: 37 miles. Excellent panel fit and paint.
Very good chrome and alloy trim, with some
light pitting under plating on door frames.
Excellent interior, although dashboard wood
seems a bit shiny and glovebox door is mis-
tops. Cond: 3+. SOLD AT $74,250. This sale
illustrates the health in the market. It was a
good, but not brilliant, car that brought, at
just below low estimate, the appropriate price.
Not everyone prefers the 280SL with the
4-speed manual, although a factory-supplied
5-speed does bring a substantial premium over
the automatic. In these cars, a multitude of
small details make the difference between an
SL above or below $100k.
#4-1971 MERCEDES-BENZ 280SE 3.5
aligned. Factory sunroof. Cond: 1-. SOLD AT
$269,500. The early short-wheelbase 911 has
become a highly sought-after item, with values
rocketing upward. Clearly selling to collectors
rather than drivers, where minute
details make the difference between “ah” and
“wow!” The car sold at a market price for
102
cabriolet. S/N 11102712004386. White/brown
canvas/dark brown leather. Odo: 85,429 miles.
Very good panel fit and paint. Chrome only
marred by light pitting on vent frames. Good
interior, with nicely patinated seats, some
scratches on other soft trim, very shiny refinished
wood trim. Restoration by Paul Russell
and Mercedes-Benz Classic Center. Cond: 2-.
Sports Car Market
#125-1968 MERCEDES-BENZ 280SL
convertible. S/N 11304410003896. Eng. #
13098310001076. Red/black canvas/black
MB-Tex. Odo: 62,089 miles. Excellent panel
fit. Very good paint. Chrome shows fading,
pitting and light scratches. Good interior
shows some wear but not excessive. With both
condition, with the rare sunroof adding to the
value. With further work, it could get to
“wow” status.
#116-1966 MERCEDES-BENZ 600 se-
dan. S/N 10001212000446. Eng. # 1000111301.
Burgundy/tan leather. Odo: 59,586
miles. Very attractive and usable short-wheelbase
600 sedan prepared by a Mercedes specialist.
Said to be one of 323 made for 1966.
Excellent panel fit. Good paint shows several
areas of slight mismatch. Some weak rubber

Page 102

Gooding & Co. Scottsdale, AZ
similar Vignale coupes on the 212 chassis, this
car is a spectacular example of the genius of
post-war Italian custom coachwork. Sold in
2007 by RM in Monterey as a somewhat tired
but very original car for $495k (SCM#
46377); the detailed restoration that followed
brought it to a new level. It is hard to remember
that there was almost no interest in early
Ferraris of this roadgoing/show type not long
ago. Well bought at low estimate.
SOLD AT $214,500. This was the year of the
W-111 Mercedes-Benz at Scottsdale, with
many of the big convertibles and coupes on
offer. Toward the lower end of the $200k–
$250k pre-sale estimate, this should be considered
well bought.
ITALIAN
#46-1951 SIATA DAINA 1400 Gran
Sport roadster. S/N SL0208. Eng. # SL0264B.
Yellow & black/black canvas/brown
leather. Odo: 437 km. Excellent panel fit, very
good paint shows light polish scratches.
Chrome trim is excellent, but many pieces
should actually be polished alloy instead. Very
well-finished interior, in incorrect finishes.
Fitted with later 5-speed gearbox. Cond: 1-.
SOLD AT $649,000. The high-performance
Super Sport spec with dual carburetors and
5-speed gearbox combines with a stunning
custom body to give this car a very special
appeal to me. The design is full of details yet
not fussy. Very well restored a number of years
ago and very well maintained. Last sold at
RM’s 2005 Monterey sale for $209k (SCM#
39218). Well bought and sold today.
#117-1955 LANCIA AURELIA B24S
SOLD AT $247,500. Very expensively and
dramatically restored example of the “midrange”
Siata, between the big 8V models and
the small BC models. The seller, who restored
the car, made the decision to take it “upmarket”
with leather, carpet and chrome in place
of the original vinyl, rubber and alloy. It’s a
look, but not to the taste of all. Well sold.
#128-1952 FERRARI 212 INTER coupe.
S/N 0257EU. Eng. # 0257EU. Black & green/
green leather. Odo: 46,548 km. Excellent
panel fit and paint. Chrome is very good,
showing some scratches. Excellent interior,
engine compartment presentation superb.
Cond: 1-. SOLD AT $1,787,500. One of six
Spider America. S/N B24S1077. Eng. # B241098.
Lancia Blu/black canvas/red leather.
Odo: 26,213 km. Excellent panel fit. Very
good paint shows light polish scratches. Very
good bright trim, although two-piece side emblems
are askew. Very good interior, with period
auxiliary water-temperature gauge fitted.
Some incorrect trim finishing. Very attractive
#33-1954 ALFA ROMEO 1900C SS
coupe. S/N AR1900C01742. Eng. #
AR130800690. Silver/red leather.
Odo: 65,424 km. Excellent panel fit. Paint is
excellent as well, but shows a 1/4-inch dent in
left front fender. Excellent chrome and alloy
trim. Very good interior shows light use—as
well as a stain on the left seat. Cond: 2+.
BEST
BUY
corner for a while. Once again, we’ve
smashed through a milestone, almost approaching
$2m here. Compared with a BMW
507, this price is right. With the details still to
be done on this very good example, the question
remains, “How much for the perfect
one?”
#14-1956 FERRARI 410 SUPERAMERICA
coupe. S/N 0475SA. Eng. #
0475SA. Red/beige leather. Odo:
30,581 miles. Excellent panel fit, except hood
is a bit high. Very good paint shows some
small touched-in chips and a few scratches.
Very good chrome trim. The interior is nicely
TOP 10
No. 4
broken in, but a bit soiled. Cond: 2-. SOLD
AT $3,300,000. This car is surprisingly large,
but its size gives it great presence. Well restored
and now appearing comfortably used,
the perfect combination of former Pebble
Beach entrant and Colorado Grand runner.
Appropriately sold above the $2.75m high
estimate.
TOP 10
No. 2
#39-1958 FERRARI 250 GT Series I
cabriolet. S/N 0791GT. Eng. # 0791GT.
Dark blue/black canvas/pumpkin
leather. Odo: 36,584 miles. Excellent panel fit,
paint and chrome. Interior shows minor signs
of use, with press-type control labels on dashboard.
Cond: 1-. SOLD AT $6,160,000. 14th
of 40 built. A truly spectacular presentation of
period accessory hard top. Cond: 2-. SOLD
AT $1,815,000. The Aurelia B24S Spider
America is one of the most beautiful and capable
sports cars of the ’50s and is in great
demand for events. Prices have been steadily
rising, with the $1m example just around the
104
a Series I cabriolet, which in my opinion is a
far sexier car than the California Spyder. This
one received disc brakes in 1962 and carries a
replacement “outside plug” engine fitted by
Chinetti in 1970. Neither change seemed to
affect the bidding, which was strong. A change
of heart in FerrariWorld? Well sold and not a
bad buy, either.
#147-1958 LANCIA AURELIA B20 GT
coupe. S/N B20S1763. Eng. # B205409.
White/blue vinyl & gray cloth. Odo: 47,069
miles. Excellent panel fit. Paint is largely original:
checked, alligatored and cracked in many
Sports Car Market

Page 104

Gooding & Co. Scottsdale, AZ
areas. Chrome and alloy trim is generally
good, although some alloy pieces have been
chromed. Seats are good, some stretching and
sagging visible on door panels, good instruments.
Late ’60s Hitachi AM radio. Cond: 4+.
faded. Cond: 3. SOLD AT $176,000. A stunningly
presented example of the big 6-cylinder
Alfa Touring convertible. These elegant and
powerful cars are wonderful cruisers, and
with Maserati 3500 Spiders at a minimum of
$400k, they’re a great value. The most disturbing
thing about this one was that it had been
converted to Borrani wire wheels but carried
a now completely unusable steel-wheel spare.
It makes you wonder about other shortcuts.
Well sold.
SOLD AT $2,365,000. A 1961 London Show
car, this special-bodied 250GT is a
late-production example that was held by
Pininfarina for a number of years. Very well
presented, well bought below $2.4m low
estimate.
SOLD AT $187,000. The Aurelia B20 GT has
lagged behind its open sisters, the B24 Spider
and convertible, in value, despite its more
impressive competition history and usability.
Built in six series, the sweet spot has long
been the 4th Series, which has the best mix of
performance and refinement. If you don’t care
about the most restrictive events, there’s little
to complain about with a late car such as this
one. Compared with previous prices, this
seems high. We’ll have to watch the next.
#127-1959 FIAT-ABARTH 750GT
coupe. S/N 100585940. Eng. # 694213. Bright
blue/black vinyl. Odo: 19,600 miles. Good
panel fit, with most gaps a bit wide. Good
paint shows some bubbling at top of left rear
fender near door. Very good alloy trim, some
pitting on chrome trim. Well-broken-in Zagato
sport seats, chipped paint on interior hardware.
Many missing small trim details. Plexiglas
#129-1963 LANCIA FLAMINIA 3B
coupe. S/N 823024872. Eng. # 823026523.
Anthracite & black/natural leather. Odo: 137
km. Excellent panel fit and paint. Very good
chrome and alloy trim, with some areas of
fading and light scratches on windshield surround,
some faded original badges. Interior is
excellent, with some soiling on left kick panel.
Cond: 1-. SOLD AT $96,250. Big Lancia
coupe launched in the late ’50s, based on the
“Florida II” show car. Battista “Pinin” Farina’s
favorite design and the inspiration for
scores of coupes through the ’60s. These are
rarely seen in the U.S.; this example was
restored to a very high level by a noted shop.
With prices of other Lancias going up, is this
the new market here? Perhaps, but for now
very well sold above $80k high estimate.
#131-1964 ALFA ROMEO 2600 Spider.
windshield. Cond: 3-. SOLD AT $134,750. As
prices have risen, the Abarth “Double Bubble”
remains one of the most affordable handbuilt
Italian cars, with a great performance
history in Europe and America. As with many
cars, one very important attribute of value is
build date. The first of these cars in ’56 and
’57 are Mille-eligible. The most-available
1959s are not. This was a ’59, titled as a ’57.
It sold on the high side for condition and year.
#29-1961 FERRARI 250 GT Coupe
Speciale. S/N 2821GT. Eng. # 2821.
Light metallic blue/blue leather. Odo:
56,663 km. Excellent panel fit and paint.
Chrome is very good but shows some light
pitting under the plating on the rear bumper.
Very good interior is just broken in. Cond: 2-.
TOP 10
No. 10
106
S/N AR192790. Eng. # AR0060106686.
Black/beige canvas/pumpkin leather. Odo:
96,420 km. Excellent panel fit. Very good
paint shows light polish scratches. Generally
good chrome, although some shows some
scratching and pitting under plating. Very
good seats lack rear vents. Dashboard cover is
not french-stitched as original, gauge faces
clumsy repair on left seat piping and an overfinished
steering-wheel rim. Cond: 3. SOLD
AT $88,000. The voluptuous form of the Fiat
Dino Spider draws many in—only to be put off
by the badge. More’s the shame, as they are
fantastic cars. While many go only for the 2.4L,
2.0s like this one have their charms as well.
Values have steadily risen, with the $100k
mark being breached for good examples. This
one was average—it sold in 1992 in Brookline,
Sports Car Market
damaged hood. Chrome is poor. Interior has
surprisingly good seats. Cond: 5+. SOLD AT
$2,062,500. One of 100 330s built. Clearly a
restoration project, in no way a preservation
car. With a record set for this model last year
at $1.9m for a perfect restoration (RM Fort
Worth 2013, SCM# 216111), this purchase has
to be viewed as somewhat exuberant. (See the
profile, p. 68.)
#103-1967 FIAT DINO Spider. S/N
135AS0000516. Red/black canvas/black vinyl.
Odo: 83,106 km. Good panel fit, with left
door out a bit at bottom and trunk fit a bit
high. Good paint shows aging, with microblisters
and polish scratches. Chrome trim is a
mixed bag, with ripples in rear bumper, pitted
door handles. The interior is good, with a
small hole in the top of the left seat backrest, a
#149-1967 FERRARI 330 GTS convert-
ible. S/N 9343. Eng. # 9343. Celeste Blue
Metallic/black canvas/dark red leather. Odo:
36,717 km. Low-mileage example suffering
from fire and long storage. Good panel fit, but
left door out at rear edge. Paint is faded,
scratched and coated in dirt throughout. Fire

Page 106

Gooding & Co. Scottsdale, AZ
MA, at $22k, rated a #3 (SCM# 19912). Today,
still a #3, it did 4x the number. A bit well sold.
#115-1971 ALFA ROMEO MONTREAL
coupe. S/N AR1425803. Eng. # AR005640058.
Red/black velour. Odo: 6,036 km. Excellent
panel fit. Very good paint shows light
polish scratches. Chrome and alloy trim is
very good, with light scratches in places and
the usual small pitting on door handles. Very
good interior, with modern radio fitted. Alfa
#11-1971 FERRARI 365 GTB/4 Daytona
coupe. S/N 14643. Eng. # B1312. Red/black
leather. Odo: 37,185 miles. Very good panel
fit, good paint and chrome. Moderate wear
shows in very good interior, although soft
$90k (SCM# 39207). What a difference color
and a decade make. Sold correctly at high
estimate.
wheel rim is a bit crunchy. Cond: 3+. SOLD
AT $649,000. Formerly the property of Peter
Mullin. It appeared to be a very nicely presented
driver, well used and well maintained.
The price achieved seems a bit high, but perhaps
Daytonas are moving again after a bit of
a plateau.
Romeo Owner’s Club (AROC) multiple show
winner. Cond: 2-. SOLD AT $176,000. Well,
it’s official—the Alfa Montreal is now a $100k
car. We fans of the model have long believed it
was seriously under-appreciated and too
lightly valued. Owners of the best examples
rarely offered them for sale. Now we have had
the “breakout” transaction. This was a very
good car, quite well presented, although not
the crispest running I have experienced. Montreals
aren’t now $176k cars every day—but
the good ones aren’t $60k any more, either.
#25-1973 FERRARI 246 GT DINO
“chairs and flares” coupe. S/N 04946. Metallic
Blue/biscuit leather. Odo: 804 miles. Excellent
panel fit, very good paint, very good
chrome. Only major flaw is a bit of wrinkled
rear-window gasket rubber. Very good interior
shows a bit of light wear on seats. Excellent
dashboard and carpets. Becker Mexico cassette
radio. Cond: 2-. SOLD AT $473,000.
Stunning color combination on very well-presented
2.4-L Dino coupe. Sold at RM’s 2005
Monterey sale when it was black, rated #3, for
#109-1973 FERRARI 246 GTS DINO
Spyder. S/N 05724. Rosso Rubino/biscuit
leather. Odo: 50,510 miles. Excellent panel fit,
paint and chrome. Interior too, is excellent,
except that the mouse-fur dash covering is a
bit thick. With a/c and power steering. Cond:
1-. SOLD AT $429,000. Superbly restored
Dino 246 GTS in a stunning color combination.
It appears that the recent Dino frenzy has
abated somewhat. This car brought a price in
the upper estimate range and sold correctly.
#59-1973 FIAT DINO 2400 coupe. S/N
135BC0004008. Silver/blue velour. Odo:
90,288 km. Very good panel fit. Good paint
shows some stress cracking at A-pillars.
Strange “Dino 246GT” decals added on front
fenders. Bright trim is fair to good. Interior is
generally good, with expected wear showing
on driver’s seat and dry dashboard wood trim.
Cond: 3-. SOLD AT $55,000. The Bertone
Fiat Dino coupe is elegant and handsome,
very much the equal of the marvelous 2.4-L
Ferrari engine that it carries. Many prefer the
2.4 over the earlier 2.0-L cars, if only because
their engines were built in Maranello. (They
do have a lot otherwise to recommend them as
well.) You have to buy the best you can to
avoid heartbreak. This mid-estimate car
seemed okay—but some details raised questions.
Well sold.
108
Sports Car Market

RM Auctions Phoenix, AZ
RM Auctions — Phoenix 2014
The $8.8m 1958 250 GT LWB California Spyder offered track-worthy
performance but would be equally stunning on the Pacific Coast Highway
Company
RM Auctions
Date
January 16–17, 2014
Location
Phoenix, AZ
Auctioneer
Max Girardo
Automotive lots sold/offered
108/126
Sales rate
86%
Sales total
$45,563,450
High sale
1958 Ferrari 250 GT LWB
California Spyder, sold at
$8,800,000
Rolling art—1952 Mercedes-Benz 220A “Earthly Paradise” cabriolet, sold at $187,000
Report and photos by Carl Bomstead
Market opinions in italics
translating to an 86% sell-through rate.
Eleven Ferraris were offered, including the catalog
R
cover car: a 1958 250 GT LWB California Spyder that
realized $8.8m. As it shared many components with the
famed 250 GT “Tour de France,” it offered track-worthy
performance, but in its Spyder configuration, it would
be equally stunning touring the Pacific Coast Highway.
One of 14 constructed during 1958, it was well documented
and was equipped with the desirable covered
headlamps. It was the most expensive car of Arizona
auction week.
M Auctions returned to its two-day format for
this January’s sale, held at the famed Arizona
Biltmore. The auction house offered 126 vehicles,
and an impressive 108 found new homes,
A very respectable Dino sold for $352k — market-correct today, but it seems like
not that many years ago high five figures was all the money. A ’63 Lusso finished in
a delightful shade of burgundy with tan Connolly leather interior realized $2.5m and
would be a welcome addition to any collection.
There was, of course, the obligatory pair of 300SLs on offer. These cars continue
to be the “gold standard” for car collectors, and the price guides can’t be printed fast
enough to keep up with their ever-rising prices. RM offered both a Gullwing and a
Roadster, and they sold for the now market-correct six figures.
The surprise was the 1961 “little brother” 190SL that realized $264k. It was fin-
ished in the unusual but stunning livery of Tunis Beige with black leather interior
and was complete with black fitted luggage. It was restored to perfection, a financial
undertaking that would have not been feasible when 190SLs were selling in the high
five figures. In this case the rising 300SL tide is
certainly lifting the 190s right along with them.
Post-war American cars did well
for the
most part. A 1963 Thunderbird M-code Sports
Roadster, one of only 37 built, sold for a respectable
$85k, and a 1953 Packard Caribbean sold
for $94k — one of the higher sales of late. A
1963 Split-Window Fuelie in sparkling Daytona
Blue caught my in the Arizona sun. It had correct
T-3 headlamps and all the correct stencil
and chalk marks. It caught a few other eyes as
well, and it realized $237k.
Most of the offerings sold for near or above
1958 Ferrari 250 GT LWB California Spyder, sold at $8,800,000
112
the high estimates. The overall total hit an alltime
high for this sale, even surpassing the $36m
earned last year. You can’t argue with $10m and
25% growth. ♦
$50m
$40m
$30m
$20m
$10m
0
Sports Car Market
2014
2013
2012
2011
2010
Sales Totals
Buyer’s premium
10%, included in sold prices

Page 112

RM Auctions Phoenix, AZ
FRENCH
#25-1930 BUGATTI TYPE 35B Grand
Prix. S/N 4948. Eng. # 200T. Dark blue/black
leather. RHD. Extensive early racing history
and entered in 1930 Monaco Grand Prix. Had
top speed of 125 mph. After the war, arrived in
U.S. in boxes. Original curved frame rails sold
and later restored with remaining pieces and
Falaschi designs. Equipped with Cotel pre-select
transmission and fold-down windshield. A
few minor paint nicks are the only issue noted.
Elegant interior. Cond: 2+. SOLD AT
$544,500. Last seen at RM’s 2012 Monterey
sale, where it failed to sell at $1.1m (SCM#
209679). That was an expensive mistake for
the seller, as he left a cool half million bucks
on the table. Well bought.
#50-1938 BUGATTI TYPE 57 Stelvio
cabriolet. S/N 57569. Red & black/black
fabric/tan leather. RHD. Odo: 15,567 km. Desirable
and sporting bodystyle with faired-in
headlamps. Wears an older but well-maintained
restoration. Pinstriping not traditional
on Bugattis; engine turning on firewall larger
parts. Recently re-restored by noted Bugatti
specialist. Wonderful car for vintage racing
and touring. Cond: 1-. SOLD AT $638,000.
The value of all Bugattis continues to escalate,
and one with a documented race history is
very desirable. Price paid is well within reason,
and I hope to see it on the grid at Monterey.
#99-1935 HISPANO-SUIZA J12 Type 68
cabriolet de ville. S/N 13506. Black/black
fabric/Oxblood leather. Odo: 937 km. An imposing
car with massive 9,424-cc V12 motor.
Rides on 158-inch wheelbase. Rather plain
wood dash seems less than elegant. Rear compartment
with twin cabinets and striking red
leather. A few issues with paint. Rather under-
than normal. New block installed with original
components rebuilt. Interior in good order, as
is paintwork. Cond: 1-. SOLD AT $962,500.
This Type 57 was last seen at RM’s 2011 Monterey
sale, where it realized $693k (SCM#
183137). Driven but a few miles since, it realized
a handsome profit for the seller. Even so,
price paid is in line with the appreciating Bugatti
market.
GERMAN
#49-1939 BMW 327/28 coupe. S/N 74-
stated coachwork for a Hispano. Cond: 2.
SOLD AT $1,045,000. Coachwork previously
attributed to Saoutchik; recently found 1976
letter from previous owner indicates
coachwork by Rippon Brothers. This was last
seen at RM’s 2011 Cernobbio sale, where it
realized $759k (SCM# 177915). Seller did
well in short period of ownership.
BEST
BUY
#40-1936 DELAGE D-6 70 Milford
cabriolet. S/N 50607. Blue & white/
blue fabric/blue leather. RHD. Odo:
19,632 km. A fully documented and recently
restored Delage with unusual three-position
Milford top. One of the more refined Figoni et
509. Two-tone gray/gray leather. Odo: 1,706
km. After 1938, the powerful 328 motor was
available in the 327; thus, the 327/28 designation.
Older restoration is holding up well.
Original 328 motor replaced with identical
raced in Italy in early years. Complete with
correct belly pans, tool roll and fitted luggage.
Cond: 1-. SOLD AT $1,292,500. These continue
to be the gold standard with no end in
sight. Quality examples are seven figures and
climbing. With the Rudge wheels, this will
seem like a bargain in a few years.
#2-1957 BMW ISETTA 300 microcar.
S/N 501377. Blue & gray/canvas/white & blue
vinyl. Odo: 564 miles. Restored a few years
ago and finished in Bavarian Blue and Cortina
White. Still very sharp all around. Has sliding
windows and dual rear wheels for stability.
sale. Has been properly maintained and is in
excellent condition. Cond: 1-. SOLD AT
$187,000. Do you actually drive a work of
art? I guess that’s part of the idea, but you
would certainly attract a crowd. Its value as
an art object is different from its value as a
collector car. Seemed like a fair transaction.
#83-1956 MERCEDES-BENZ 300SL
Gullwing. S/N 1900406500052. Silver/blue
leather. Odo: 89,341 miles. This example built
for display at 1956 Turin Auto Salon. Recent
restoration to highest standard. Equipped with
desirable Rudge wheels. Thought to have
and finished in white matte acrylic prior to being
hand-painted. Rarely offered for public
unit at that time. Powerful, attractive and very
driveable. Cond: 2. SOLD AT $176,000. Price
paid was on the money, dead in the middle of
the $150k–$200k estimate range. All should be
happy here, and new owner has a fun driver.
#109-1952 MERCEDES-BENZ 220A
“Earthly Paradise” cabriolet. S/N 2201870120292952.
Painted flowers/white vinyl/white
vinyl. Odo: 58,716 miles. An original work of
art by Hiro Yamagata from his “Earthly Paradise”
series. Said to be one of about three
dozen 220As that he has done. Fully restored
114
Cond: 1-. SOLD AT $30,250. Renzo Rivolta
sold design and tooling for Isetta to BMW in
1954 while licensing many others. BMW built
about 160,000 examples. One of these seems
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RM Auctions Phoenix, AZ
to show up at most every auction, and the
prices are fairly predictable. This was a wellpresented
example and sold for the expected
amount.
#20-1958 MERCEDES-BENZ 300SL
Roadster. S/N 1980428500244. Eng. # 1989808500245.
Light blue/red leather. Odo:
16,440 miles. List price of $11k when new.
Restored in the Netherlands in original livery
with Euro headlamps added. Re-restored by
300SL specialists Rudi & Company. Fitted
with two-piece luggage set, tool roll and
standard. Complete with both tops, tool kit
and fitted luggage. Undercoating in fender
wells and welting added on splash pans. Nothing
to fault here and as good as it gets. Cond:
1-. SOLD AT $264,000. Spectacular and finished
in an unusual but very attractive shade
of Tunis Beige. Nearly a record price, but not
quite: Another 190 sold for $269,500 at RM
Monterey in August (SCM# 227372). This may
very well soon be the new norm.
#51-1961 PORSCHE 718 RS 61 Spyder.
S/N 718066. Silver/red leather. A
no-questions RS 61. Extensive race
history with 7th overall finish at 1961 12
Hours of Sebring. Recently restored and stated
to be ready for vintage racing. Said to be one
of only 14 RS 61s constructed. Fully docu-
TOP 10
No. 7
Becker Mexico radio. A striking numbersmatching
example finished in an unusual but
correct color. Cond: 1-. SOLD AT $1,045,000.
Six figures is now the norm for 300SL Roadsters
and they continue to be money in the
bank. No sign of these cooling off. If anything,
bought for slightly under the money.
#12-1959 BMW ISETTA 600 microcar.
S/N 133119. Blue & white/tan vinyl. Odo:
20,019 miles. The 600 had double the horsepower
of the 300, and the wheelbase was
about 10 inches longer, but even so, 60 mph
was a stretch. With the 10-inch wheels, ride is
a little rough. Recent restoration to original
condition. Equipped with wind wings and sun-
AT $126,500. Momentum investment of the
month. A powerful and striking package. CARFAX
showed numerous owners, several with
very brief ownership, which raised some eyebrows.
As such, I think price paid was full retail
for an example with 57k miles.
ITALIAN
#103-1953 FIAT 8V Ghia coupe. S/N
106000042. Silver/red leather. Odo: 42,992
miles. One of only 114 8Vs (or “Otto Vu”)
produced. Said to be one of 15 with custom
coachwork by Ghia and the only non-Supersonic;
unique Boano design instead. Brought
to U.S. in 1957 and present engine installed.
Restored in late 1990s to high standard. Appeared
at Pebble, Quail and 2nd in class at
mented history. Cond: 2+. SOLD AT
$2,750,000. When a well-documented and limited-production
Porsche racing machine
comes to market, the pricing quickly jumps to
seven figures. That was the case here, and the
price paid was well within reason.
#78-1961 VOLKSWAGEN TRANS-
PORTER 23-window Samba bus. S/N 704734.
Sealing Wax Red & white/gray fabric.
Odo: 8,932 miles. A California VW bus with
desirable 23-window configuration. Features
skylights and sliding sunroof. Has walk-
Villa d’Este. Minor signs of use but a stunning
and rare Fiat 8V. Cond: 2. SOLD AT
$946,000. A unique Fiat that will be welcomed
at any concours or driving event. Sold not that
long ago at RM’s 2009 London sale for $565k
(SCM# 152481). Price paid was well within
reason for the current market, so all should be
content here. Well bought and sold.
roof. Only about 35,000 produced and few
survive. Cond: 1-. SOLD AT $63,250. This
was last seen five short months ago at Mecum’s
August 2013 sale, where it sold for $49k
(SCM# 230498). Seller realized a handsome
profit when two bidders just had to have this
well-restored example. Far and away the highest
price for a 600 I could find.
#84-1961 MERCEDES-BENZ 190SL
convertible. S/N 1210401002544. Tunis
Beige/black canvas/black leather. Odo: 99
miles. Comprehensive restoration to exacting
#37-1953 SIATA 208S roadster. S/N
BS509. Eng. # BS073. Black/black fabric/
black leather. One of 36 Siata 208s produced.
Original Fiat 8V motor replaced with Shelby
Competition Cobra V8 with dual quads and
T-10 transmission. Featured as the “SiataFord”
in November 1964 Sports Car Graphic.
Original engine included. Recent two-year res-
through front seats. A presentable restoration
but not over-the-top as some. Cond: 2+.
SOLD AT $82,500. Every so often one of
these sells in the six figures (like the one
across town at Gooding at $140k). I’m sure
the seller was looking for that sort of figure,
but considering the quality of the restoration,
price paid was fair.
#8-1989 PORSCHE 911 Carrera Speed-
ster. S/N WPOEB0916KS173315. Eng. #
65K05823. Black/black fabric/beige leather.
Odo: 57,779 miles. Produced in two versions;
this is the Turbo-look “wide body.” Only
2,065 produced, with 830 wide bodies reportedly
destined for U.S. Optioned with air and
stereo. Paint acceptable and leather interior
with mild patina. Engine clean with no leaks
or streaks. Fully documented. Cond: 2. SOLD
116
toration to high standard. Well documented
with only four owners from new. Cond: 1-.
NOT SOLD AT $1,000,000. The SCM Pocket
Price Guide values a stock 208S at $695k–
$1.2m, so the high bid here confirms that the
bidders understood the significance of the car
and weren’t penalizing the engine swap. The
pre-sale estimate of $1.3m–$1.6m, however,
indicates that the seller was expecting something
more.
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RM Auctions Phoenix, AZ
#119-1957 ALFA ROMEO GIULIETTA
Spider. S/N 149502134. Eng. # 131541926.
Red/black leather. Odo: 40,118 miles. A wellmaintained
example that received a respray in
original red. Also received new top and seating
with red piping. Engine clean and tidy.
#89-1963 FERRARI 250 GT/L Lusso
coupe. S/N 5215GT. Burgundy/tan
leather. Odo: 69,873 miles. A very desirable
Lusso (or “luxury”) Ferrari. Restored
in the mid-2000s to impeccable standard. The
168th of only 350 produced. Often said to be
the most beautiful Ferrari of all. A stunning,
numbers-matching, no-questions example.
Cond: 1-. SOLD AT $2,447,500. Seems like
TOP 10
No. 9
#19-1972 FERRARI 246 GTS Dino Spy-
der. S/N 04268. Eng. # 0010130. Giallo Fly/
black leather. Odo: 48,325 miles. Equipped
with air and power windows. Recent engineout
restoration with new interior. California
car with two owners from new. A very striking
Brightwork with a few issues. Popular
Pininfarina design. Cond: 2-. SOLD AT
$68,750. A fun driver acquired at a very favorable
price. Issues can be addressed over time,
so put the rubber on the road.
TOP 10
No. 1
#112-1958 FERRARI 250 GT LWB
California Spyder. S/N 1055GT. Eng.
# 1055GT. Red/black leather. Odo:
2,738 miles. The 11th of 42 LWB Cal Spyders
produced. Matching numbers with covered
headlamps. Restored in 1994 with engine rebuild
a few years later. Recent fresh service. A
not all that many years ago the market for a
Lusso was well under seven figures, as when
this example sold at Gooding’s 2009 Scottsdale
auction for $704k and was considered
market-priced (SCM# 119129). That was then.
This is now. Price paid here is the new market
for an example with condition and provenance.
Expensive, but wait a few years and all
will be forgotten.
#100-1966 FERRARI 275 GTB “longnose”
coupe. S/N 8349. Eng. # 8349. Briggs
Cunningham Blue/blue leather. Odo: 64,418
km. Older restoration that has stood the test of
time. Has a mild and pleasing patina. One of
about 205 “longnose” 275 GTBs. Respray in
unusual shade of light blue. Complete with
example. Cond: 1-. SOLD AT $352,000. Ferrari
Dinos continue to march up the charts,
and this example sold for the new market-correct
price. Not that long ago these were under
six figures and were considered the Ferrari
stepchild. No longer!
#106-1973 FERRARI 365 GTB/4 Daytona
coupe. S/N 16355. Eng. # 16355. Rosso
Corsa/black leather. Odo: 41,817 km. A Eurospec
Daytona with matching numbers and less
than 26,000 miles on the clock. Equipped with
Borrani wires and factory air. Original interior
in exceptional condition, and mouse-hair dash
no-questions example of one of the most desirable
Ferraris. Cond: 1. SOLD AT
$8,800,000. How much is too much for a documented
and desirable 250 California Spyder?
Price paid here is adult money but could have
gone further without question. As is, fair all
around. The biggest sale of Arizona auction
week 2014.
#34-1962 ALFA ROMEO SPIDER 2000.
S/N AR1020403061. Eng. # AR0020403313.
Aqua/tan vinyl. Odo: 54,243 miles. Attractive
styling, body by Touring. Uprated Sprint motor
with replacement dual Webers. 98-inch
wheelbase. Euro hood, side stripes and Blaupunkt
radio, but U.S. delivery. Recent respray
tool roll and Ferrari Classiche certification.
Cond: 2+. SOLD AT $1,815,000. The 275
GTB was the first Ferrari with four-wheel independent
suspension. This well-preserved example
sold for a very realistic number. All
should be happy here.
#16-1967 FERRARI 275 GTB/4 coupe.
S/N 10257. Eng. # 10257. Rosso Corsa/black
leather. Odo: 89,368 km. Restored in the ’90s
and properly maintained and serviced since.
Once part of the Nicolas Cage Collection.
Body is straight and solid with uniform gaps.
Paint shows mild wear but overall very good.
Engine clean and tidy. Seating with mild pa-
is in good order. Recent respray in Rosso
Corsa. Complete with books and tools. Cond:
2-. SOLD AT $555,500. Daytonas continue to
be celebrated for their driving characteristics,
and the values have been appreciating appropriately.
This example sold for the new market-correct
price, with the low miles giving it a
boost. Fair all around.
AMERICAN
#22-1930 DUESENBERG MODEL J
disappearing-top convertible. S/N 2388.
Eng. # J357. Black/tan fabric/black leather.
Odo: 35,597 miles. One of only about 25 “disappearing
top” coupes produced by Murphy.
Known history from new. Has been sorted out,
but basically a very original example. Most of
the paint and interior is as born. Miles are ac-
and some new plating. Very nice interior and
new top. A stylish driver. Cond: 2. SOLD AT
$121,000. Very desirable body style that is
ready for the road. Bidders were willing to pay
a premium for this dialed-in Alfa, and I don’t
think the upcharge was out of line.
118
tina. Cond: 1-. NOT SOLD AT $2,850,000. A
sought-after Ferrari that was well presented.
High bid just $50k shy of the pre-sale estimate
should have been close enough to put something
together.
tual. One of the most elegant Duesenbergs
produced. Cond: 3. SOLD AT $2,200,000. A
known commodity, as this Murphy Duesenberg
has been frequently driven and is certified by
the ACD Club. Hope the new owner keeps it
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RM Auctions Phoenix, AZ
as-is and continues the tradition of exercising
it on the open road.
#59-1930 PACKARD EIGHT 734 replica
speedster. S/N 184029. Eng. # 184015. Blue/
tan canvas/blue leather. A re-creation of a
Packard 734 speedster built in Portland, OR,
in the ’80s. Not a real 734 part anywhere on
the car. Somehow received an AACA 1st in
1988, but not allowed on CCCA judging field
merous awards in the trunk. Cond: 2. SOLD
AT $418,000. One of the most attractive of all
Packard bodystyles and powered by the famed
Packard Twelve. Quality Full Classics have
been appreciating of late, and this sale follows
the trend. A quality Packard bought at the current
market price.
#53-1935 LINCOLN MODEL K con-
vertible. S/N K3872. Yellow/tan canvas/
brown leather. Odo: 225 miles. Said to be one
of only 30 examples produced by LeBaron in
this body style, this being the 11th. One of but
a few to have survived. Benefits from a
through and comprehensive restoration. Engine
bay sparkles. Bold livery not to every-
or on CARavans. Restoration now starting to
unwind. Cond: 3. SOLD AT $165,000. Last
seen at B-J’s January 2012 sale, where it realized
$220,000 (SCM# 193988). Prior to that,
five appearances at auction since 2004 feels
like musical chairs. Hope it finds a permanent
home soon.
#81-1932 STUTZ DV32 convertible se-
dan. S/N DV421450. Eng. # DV33165. Black/
tan fabric/brown leather. Odo: 63,086 miles. A
very original example with known history
from new. Wears original paint and upholstery.
Also retains original wood and LeBaron body
tag. Appears in Rasmussen book The Survi-
one’s taste. Cond: 1-. SOLD AT $242,000.
This was last seen at RM’s January 2010 Arizona
sale, where it realized $209k (SCM#
156894). Driven sparingly in intervening
years. Price paid here reflects the strengthening
market for the larger Full Classics and is
well within reason. Now just get out and enjoy
the open road!
#56-1938 PACKARD TWELVE 1608
convertible. S/N 11532019. Black/black
fabric/red leather. Odo: 971 miles. An elegant
12-cylinder Packard that has a backseat full of
awards. Black livery glistens in the Arizona
sun. Red leather interior with red piping accenting
top. Equipped with heater, radio, divi-
vors: American Classic Cars. Cond: 4. SOLD
AT $154,000. “Original but once” applies
here, and ready for the Preservation Class at
any major concours. Would be a crime to restore
this wonderful Stutz. Price paid was well
within reason and leaning toward well bought.
#14-1933 PACKARD TWELVE 1005
roadster. S/N 63960. Eng. # 9010157. Red/tan
canvas/beige leather. Odo: 71 miles. Packard
12 reintroduced in 1933, although mechanically
same as Twin Six predecessor. Said to be
only 520 Twelves produced in 1933. Only
about 50 convertible coupes with the V12
built, with this being the last one produced.
Wears an older restoration that is holding up
well. Very pleasing color combination and nu-
sion window and rear seat radio controls.
Cond: 1-. SOLD AT $198,000. Stunning presentation
with little to fault. This wonderful
Packard sold for a slight but deserved premium.
New owner can continue to show the
car or enjoy touring in style. All should be
pleased here.
#121-1941 CADILLAC SERIES 62 con-
vertible. S/N 8342326. Tuxedo Black/tan
Haartz cloth/red leather. Odo: 702 miles. A
stunning restoration with less than 800 miles
on the clock since. All tags in place. Correct
date-coded glass. Special-order painted dash
and optional radio. No fog lamps. Wonderful
Tuxedo Black paint with contrasting red
leather. Full CCCA Classic. Cond: 1-. SOLD
AT $132,000. Appears to be a record price for
a 1941 Series 62 convertible, but this must
April 2014
119

Bonhams Scottsdale, AZ
Bonhams — Scottsdale 2014
Bonhams sold nearly $25 million in product — nearly double last year’s
results and four times their first Scottsdale effort in 2012
Company
Bonhams
Date
January 16, 2014
Location
Scottsdale, AZ
Auctioneers
Malcolm Barber,
Rupert Banner
Automotive lots sold/offered
87/101
Sales rate
86%
Sales total
$23,514,700
High sale
1951 Ferrari 212 Export
coupe, sold at $3,190,000
Buyer’s premium
1951 Ferrari 212 Export coupe, sold at $3,190,000
Report and photos by John L. Stein
Market opinions in italics
T
he nasty polar vortex crippling much
of the nation had little sway in sunny
Scottsdale in January — other than keeping
some attendees snowbound at home,
rather than enjoying sunshine, cacti and cars.
Unlike most of the auctions packed into the
burgeoning Scottsdale week, all of Bonhams’
101 vehicles and 99 memorabilia lots were offered
midday on a Thursday — not what you’d
generally think of as prime time, but it was a
winning setup in Scottsdale. In fact, in just six
hours Bonhams sold nearly $25 million worth
of product — a figure nearly double last year’s
take and four times that of its first Scottsdale
appearance in 2012.
At the high end, six cars sold for over $1m, with two of them pulling over $3m. These included
a 1951 Ferrari 212 Export, dubbed “The Tailor’s Car” for its early life with Italian clothier and
racer Augusto Caraceni, and a lithe black 1931 Alfa Romeo 6C 1750 Supercharged Zagato Spider,
which sold for $3.1m (see the profile, p. 74). Surprising many with its rapid uptick, a 1966 Ferrari
275 GTB/6C commanded $2.6m — double what it might have a couple of years ago. The three final
$1m-plus cars included a 1955 Mercedes-Benz 300SL Gullwing at $1.1m, a 1961 300SL Roadster at
$1.2m and a big black 1936 Mercedes-Benz 500K phaeton at $1.4m.
It’s worth pointing out that of these seven-digit cars, the podium was all Italian, followed by
three Germans in a row. The closest British car was a 1947 Bentley Mk VI coupe at $605k, and
the highest-grossing Yankee machine was a 1935 Auburn 851 Supercharged Boattail Speedster at
$468k (see the profile, p. 78).
Light attendance during the Bonhams preview day
allowed calm perusing of the lots. On the grass midway
between two display tents were two early Porsche 911s: a
first-year-in-the-U.S. 1965 model fresh from an East Coast
barn, and a restored 1967 911. Both looked so right, the
former a nearly untouched three-owner original on a slow
descent into decay, and the latter a beautiful re-do that I rated
a 1-. After seeing what derelict 300SLs and Ferrari 250s have
done at other auctions, it wasn’t surprising that the barnfresh
’65 911 out-pulled the restored ’67, at $116,600 versus
$115,500, respectively. Granted, the ’65 is a more desirable
model, but I still found the parity of grubby and near-perfect
examples instructive.
It would be inappropriate to compare Bonhams’ six-hour
Enjoying January sun
122
auction with Barrett-Jackson’s six-day “lifestyle event,” but
still — this sale reminds us that, just like the Fiat Jolly and
Lotus Elise, good auctions come in small packages too. ♦
Sales Totals
$30m
$25m
$20m
$15m
$10m
$5m
0
Sports Car Market
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2013
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10%, included in sold prices

Page 122

Bonhams Scottsdale, AZ
ENGLISH
#153-1950 JAGUAR XK 120 roadster.
S/N 670405. Silver/black canvas/red leather.
Odo: 80,674 miles. Presents as a surviving
original, barely driver-caliber. Paint problems
throughout with small areas of rust, although
the bubbling is of little concern. British
Columbia plated and currently registered.
Chrome exhaust tips are heat-discolored from
where the cutoff wheels sliced them off—a
shabby signature for a cheap fix. Very old and
cracked windshield gasket is probably the
derful paint and overall presentation of what is
represented as a U.S. LHD car, delivered new
to a dealer in Southern California. Trim mostly
nice, although fiberglass hood, trunk lid and
doors do not fit quite right. New gas cap.
Overall presents as a new car. Cond: 1-.
older trim, bumpers are flawed. Passenger’s
door is chipped. Hood vents have paint chips
surrounding openings. Incorrect-looking
wipers. New-appearing Panasport wheels and
BFG radials. Dirty trunk interior with old steel
spare and new DieHard battery. Later white
California vanity plate reads “FUN KAT,” last
registered in 2008. Very nice interior is much
original. Old bias-ply tires appropriate for car.
Cond: 3-. SOLD AT $72,600. This XK looked
one step above a barn find, but its current registration
tag suggested that it may actually be
somewhat better off. Choice 1: Make it safe
and reliable, and then enjoy as-is, or 2: Do
everything, all-in, 100%. I love the honest
patina of a genuine survivor, and this one
appealed to me just as it sat. With a thorough
once-over, you can enjoy it for years in its
present state without worry—and then restore
later if you feel like it. Well enough bought.
#201-1955 AUSTIN-HEALEY 100 BN1
Competition Special roadster. S/N BN1L225005.
Eng. # 1B225005M. Silver/silver hard
top/orange & gray vinyl. This production BN1
was reworked to resemble a factory rally car
in one man’s interpretation of the ultimate
Austin-Healey 100. Comprehensive rework
includes alloy body panels, knockoff wheels,
Lucas headlights and a pair of driving lights.
Fourteen-year-old build still looks fresh today,
with just a few minor issues visible, including
SOLD AT $97,900. Last sold for $94k at
Gooding’s 2012 Pebble Beach sale (SCM#
212019). Simply elegant in its white/black
color combination, this Elite appeared absolutely
tiny next to a Volkswagen Karmann Ghia
and Austin-Healey 100 on the auction lawn.
The contrast was a clear reminder of builder
Colin Chapman’s commitment to “lightness.”
Elites are fairly rare to see nowadays, and
finding one this nicely redone was a treat. The
buyer should be delighted, as it may be some
time before another one this good presents itself.
Well bought. (See the profile, p. 70.)
#144-1966 LOTUS CORTINA Mk I 2-dr
sedan. S/N BA74FM59831. Ermine White &
Sherwood Green/black vinyl. Odo: 89,323
miles. A veteran race car with the stone chips
on the body to prove it. Under the hood are
side-draft Webers with Aeroquip fittings, modern
hose clamps, a shock-tower brace, newer
wiring and throttle cable. The engine bay is
missing its original windshield-washer bottle,
although the plastic lines and cap are still
there. No real loss, because there are no windshield
wipers to wipe away the fluid anyway.
better than expected, given exterior condition.
Excellent gauges. Cond: 3+. SOLD AT
$55,000. A B-grade exterior restoration perhaps
held down the final price here, but on the
positive side the new owner can use and enjoy
this otherwise solid Series I Tiger with little
concern. The removable steel factory hard top
is a nice additional feature, and the modern
wheels and tires detract little if any from the
overall presentation or usability. Altogether a
reasonable price for a nicely kept early Tiger.
GERMAN
#167-1936 MERCEDES-BENZ 500K
sports phaeton. S/N 209421. Eng. # 123724.
Black/black cloth/red leather. Odo: 36,999 km.
Nice steel body panels, tarnished fasteners and
chrome in various locations. European license
plate in front, no plate in rear. Very tired front
seats, newer-looking rear clashes. Germanmarket
radio and non-functioning chronometer
apparently later additions. Top appears to be
of newer material. Checked older General tires
crazing of rear Plexiglas window, scuff marks
on the driver’s seat. No side mirrors or seatbelts.
Cond: 2. SOLD AT $136,400. Since the
rise in value for big Healeys, not many people
would undertake this kind of conversion when
they could safely restore a car to stock. But the
longtime owner of this one rolled the dice, and
the result is a really attractive and usable car.
The fact that it is neither a Works racer nor a
stock BN1 did not dissuade bidders. Well sold.
BEST
BUY
124
#189-1960 LOTUS ELITE Series II
coupe. S/N 1296. Eng. # 8863. White/
black vinyl. Odo: 5,475 miles. Won-
Inside are a bolt-in cage, a fire bottle, and racing
buckets with five-point harnesses above a
dirty floor. Cond: 3. SOLD AT $55,000. This
longtime racer has had all the hard work done
by someone else, so the new owner might realistically
go ahead and enter a vintage race
next weekend. (The somewhat disheveled appearance
warrants a thorough safety check, of
course, along with fluid and tire changes.) But
where are all the stock parts if the new owner
wants to restore it? Well, the catalog says the
car was years ago “reshelled” because “the
original body was tired,” so probably not
much point in trying. Extremely well sold.
#136-1966 SUNBEAM TIGER convert-
ible. S/N B382001478LRXFE. Eng. # 6322B19KC.
Silver/silver hard top/black vinyl.
Odo: 91,590 miles. Flawed paint application,
made in U.S. Huge luggage boot. Saint Christopher
medal affixed to car. Cond: 3+. SOLD
AT $1,430,000. Turning this into Pebble
Beach perfection would be extremely expensive,
but with a great backstory and no doubt
as to its authenticity, the car has great potential
as a magnificent touring car, bought for
just over 300SL money. The run-up in prices
for ’50s and ’60s GT cars occasionally seems
to have rather left some of these grand classics
in the dust. Well bought and sold.
#194-1955 MERCEDES-BENZ 300SL
Gullwing. S/N 1980405500594. Eng. # 1989805500621.
Silver/blue leather. Odo: 41,960
miles. Good presentation overall but compromised
by many fine-detail problems, such as a
driver’s door gasket that does not fit properly,
stainless-steel fasteners inside front wheelwells
that are not fitted right, a driver’s windshield
wiper that does not conform to the
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Bonhams Scottsdale, AZ
glass, and cobbled rear bumper bolts. Coarselooking
metalflake paint, dirty fender wells
and small scuffs on the wheels add further
questions. Cond: 2. SOLD AT $1,078,000. A
generally fine-looking example of the vaunted
Gullwing, but numerous little particulars
made one wonder what else could potentially
be wrong and hidden from view with this restoration.
With nearly 1,400 Gullwings built
(mostly for the U.S. market), there certainly
will be another one on offer soon enough, and
perhaps the serious money held back because
of this one’s issues. Sold slightly
below the low estimate, and both seller and
buyer should be happy enough with that.
#132-1955 MESSERSCHMITT KR200
microcar. S/N 55733. Ivory/Plexiglas/red
leather. MHD. Nicely restored example with
appropriate finishes and materials. Atlas
whitewalls. Aircraft yoke-type steering wheel.
Dent on right-hand body side. Good stainlesssteel
trim, but new fasteners look like they’re
from a boat store. Tiny headlights. Good
Plexiglas canopy. Wth clock and radio. No
odo. Cond: 2+. SOLD AT $37,400. Another
more modern material than original; driver’s
seatback appears slightly deeper than passenger’s.
Cond: 1-. SOLD AT $115,500. Just a
few small tolerable flaws separated this 911
from near perfection. Interestingly, though, on
the same day, it brought $1,100 less than Lot
149, the barn-find ’65 in need of everything.
Chalk that up to the pulling power of the firstyear
U.S.-spec 911—and also that by ’67, the
more powerful 911 S was available. The market
spoke here.
KR200 sold at RM’s Bruce Weiner Collection
sale in February 2013 for $53k, which our reporter
called “within appropriate price range
for a well-prepared, ready-to-drive cabrio”
(SCM# 215246). This example did not even hit
$40k—although in all fairness it handily beat
the $30k high estimate. You’d be hard-pressed
to restore one to this standard for any less
than the buyer spent to get this one, so I say
well bought.
#149-1965 PORSCHE 911 coupe. S/N
302226. Eng. # 902350. Irish Green/beige
leatherette. Odo: 19,286 miles. No license
plates, but ’88 Pennsylvania inspection sticker
affixed to windshield and old PCA badges on
deck lid. Mismatched hood and left-front
fender suggest a minor scuffle. Front bumper
trim missing, too. Chrome rims flaking. Pep
Boys-style cheapie antenna. Old cracked window
gaskets. Torn interior. Filthy engine with
new coil and gas lines. Some rot on lower
126
#183-1979 VOLKSWAGEN SUPER
BEETLE “Triple White” convertible. S/N
AJ141332. White/white vinyl/white vinyl.
Odo: 62,185 miles. One-owner car from the
collection of Tom Hanks and Rita Wilson—
you know, like, from Hollywood. Somewhat
dirty interior in places, top soiled here and
there, fresh tonneau loosely installed. Mismatched
front headrest vinyl. Later removable
front fenders. Cond: 4. SOLD AT $116,600.
Collectors are all about originality, barn finds
and 911s these days, and this car simply shattered
the $75k high estimate. Any East Coast
derelict is a scary proposition; double that
when it’s a unibody car; triple it when parts
prices are, well, pricey. Well sold.
#154-1967 PORSCHE 911 coupe. S/N
306528. Eng. # 909869. White/black vinyl.
Odo: 189 miles. Expert restoration. Car looks
fully right, with appropriate plating even inside
the headlight buckets. A small amount of
older-looking window trim is probably original
to the vehicle. Slight paint crack at rear of
driver’s door. Upholstery vinyl looks like a
audio face-plate. Possibly re-pop blue California
plates have yellow on their backsides, not
seen in the day. Really nice paint, chrome and
rubber trim throughout. Clean, detailed engine
bay. Cond: 2+. SOLD AT $50,600. The sale
price here suggested to me that a few ladies in
the gallery needed an accessory. From a critical
standpoint, there was nothing to not like
other than a smudge here and there. This leads
me to believe that for some people, popping
$60k for a $15k–$20k car is about like you
and me buying a tuna sandwich. The price is
so cheap that it’s not worth thinking about.
ITALIAN
#130-1931 ALFA ROMEO 6C 1750
Supercharged Gran Sport Spider.
S/N 10814 356. Eng. # 10814356.
Black/black canvas/green leather. RHD. Odo:
1,969 km. Extremely nice paint with the merest
sign of orange peel in some places. Very
small stone chips on front brake drums and
fenders, although painted wire wheels are
chip-free. Outstanding chrome. Michelin tires
show some wear; twin spares are new. Overall
appearance and presentation impeccable.
TOP 10
No. 6
Cond: 1-. SOLD AT $3,080,000. Show history
at Pebble Beach and Amelia Island likewise
gives assurance of the car’s pedigree, which is
said to include original body, engine and
driveline. The nearly faultless recent restoration
reportedly cost $600k. Evidence of limited
careful use in the 2013 Mille Miglia is a positive,
as it removes mechanical concern. Few
doubts here, which reflects its beating the
$2.4m–$2.7m pre-auction estimate by a wide
margin. (See the profile, p. 74.)
#173-1951 FERRARI 212 EXPORT
coupe. S/N 0088E. Eng. # 0088E.
Maroon/beige leather. RHD. Odo: 85
km. Excellent panel fit with outstanding body
prep and paintwork. Faultless Borrani wheels
with lead solder wrapped around the spokes
for balancing. Spare wheel and tire held inside
rear compartment with leather straps. Rear
window has small bubbles and distortion that
TOP 10
No. 5
Sports Car Market

Page 126

Rising Sun
Recent sales of Japanese collector cars
by Tony Piff
(All text within quotes minimally edited from online descriptions)
#S45-1987 SUZUKI SAMURAI Special
Edition SUV. S/N JS4JC51C9H4171946. 46,118
miles. Fully original with actual miles. No rust or
Bondo. Condition: 2-
Bonhams Scottsdale, AZ
are probably correct for the era. Overall presents
as-new. Cond: 1-. SOLD AT $3,190,000.
Extensively documented from new, this 212
berlinetta was raced in an Italian hillclimb
early in its life and had seen multiple owners
by the time it came to the U.S. in the early
1960s. Landing in California, it traded hands
just once more, landing with its current owner
in 1969. The Berlinetta was finally comprehensively
restored in 2008 at a reported cost
of some $600,000. Perfect in virtually every
detail, it sold for just above the low estimate.
Solid buy considering the original bodywork
and drivetrain.
SOLD AT $8,100. A suburban’ 80s icon of sorts,
but even more significant to the rock-crawling community
— who made sure that no surviving example
went un-cut. The huge price suggests that someone
will keep it for a long time. Mecum Auctions,
Kansas City, MO, 12/5/2013.
#271195040089-1975 MAZDA REPU. S/N
SPA136121302. 89,260 miles. “No rust, awesome
paint. 13B 6-port motor with very low miles, 1982
trans, new and upper intake from Racing Beat, rare
55-mm Weber like new.” Condition: 2-
#159-1957 ALFA ROMEO 1900C Super
Sprint coupe. S/N AR1900C. Eng. # AR130810564.
Red/cream leather. Odo: 69,487 km.
Outstanding red paint and mostly excellent
panel fit, although trunk lid edge sits high.
Some cracking of rear window gasket. Very
nice chrome, including Borrani wires. Good
side-window felt. Interior nice and clean,
down to the brightly plated seat tracks. Cond:
1-. SOLD AT $222,200. Nearly faultless pre-
ticity, so the buyer should have fun times
putting this pretty little coupe right. Zagatobodied
sports cars aren’t all that plentiful and
are growing in clout, so I say this one was well
bought.
#112-1966 FERRARI 275 GTB/6C
coupe. S/N 08327. Eng. # 08327. Celeste
Blue/black leather. Odo: 59,264
km. Euro-spec model not restored to highest
standard. Hazy chrome on vent window
frames, side-window drip rails and door
latches is probably original. Older-looking
trunk latch and dirty exhausts. Corroded-looking
drip channel under hood. Right-hand wiper
extends past glass. Rear ride height looks bit
high. Otherwise excellent presentation
TOP 10
No. 8
SOLD AT $4,700. Apparently, rotaries can last up
to 200k miles with regular oil changes if you just
make sure to redline them on a regular basis, which
clears out carbon deposits. Still, you’re unlikely to
find a ’70s Mazda on eBay with its original engine.
This pickup looked slightly less hot-rodded than is
typical for the market. Sell the wheels and embrace
pistonless bliss. eBay Motors, 4/26/2013.
#171221756182-1969 TOYOTA COROLLA
Sprinter coupe. S/N KE17031365. 48,712 miles.
“RHD with Japanese docs. Very original, perfect
grille, emblems, glass, seals. Mechanically very
sound. Now with front coil-overs and rear sports
shock absorbers.” Condition: 2-
sentation with just a couple of pretty minor
needs. The generous dimensions of the 2+2
body configuration make this Alfa touring
coupe a good choice for events like the California
Mille or Colorado Grand. All in all, a
highly usable post-war Alfa. Sold where
expected.
#186-1960 FIAT-ABARTH SESTRIERE
coupe. S/N 757464. Eng. # 100000812848.
Silver/black vinyl. Odo: 43,499 km. Needs
everything. Mismatched headlights, rust bubbling
through in places on hood, doors and
deck lid. Bumpers rusty. Seems complete and
wears California black plate NYT 220 on rear,
with 1969 and 1995 stickers. Passenger’s door
latch stuck. Incorrect later aftermarket driver’s
mirror drooping. Old tires on rusty four-lug
steel wheels. Not a double-bubble roof. Cond:
throughout. Cond: 2. SOLD AT $2,640,000.
Originally built for a European customer and
then resold to a California buyer in 1974. A
recent comprehensive restoration included
new paint in the original Celeste Blue metallic
and a new interior. The transmission was
rebuilt, but the engine is apparently original,
although it has been serviced and its compression
checked. In all, a highly desirable 275
GTB model with low mileage, a few cosmetic
issues and a nagging question about the engine’s
condition after nearly 50 years. Well
sold.
#158-1967 INTERMECCANICA
OMEGA coupe. S/N S1C101128. Red/beige
leather. Odo: 20 miles. Clean engine bay brimming
with a 289-ci Ford engine, outfitted with
modern features such as electric choke and radiator
fan. Chipped passenger’s door glass,
minor delam of windshield. Shelby five-spoke
wheels with inexpensive-looking Doral tires.
Nice interior with no visible wear. True mileage
is unknown; odometer reads 00020 miles
while trip odometer inexplicably reads 0181
SOLD AT $8,900. Über-rare first-gen Corolla, but
what really matters is the 4-speed and Japan-only,
high-octane-only, dual-carb 3KB engine, which
pushed 77 hp (highlighting the missed opportunity
for a Toyota 510). The altered suspension is too bad,
but I’d happily pay this price and drive the heck out
of it. Add in the barreling freight train of interest in
JDM performance, and this is a no-brainer investment
piece. eBay Motors, 1/28/2014. ♦
128
4. SOLD AT $53,900. Someone likes projects
and gave the consignor close enough to the
$60k low estimate for this Fiat-Abarth to
change hands. It appears to be nearly complete,
and there’s little question of its authen-
miles. Cond: 2. SOLD AT $73,700. Looking
like an overgrown Lotus Elan with some rearend
styling DNA from the Ferrari GTO Series
II, this Intermeccanica drew a lot of interest
during the pre-auction viewing day. Said to be
one of 33 such cars; the body and chassis
were hand-made in Torino, Italy, and then
shipped to Holman-Moody in North Carolina
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Bonhams Scottsdale, AZ
for finishing. Full restoration recently completed.
Overall a nicely done car that looks
eminently drivable. Others agreed, and it finally
sold just above the $70k high estimate.
Well bought and sold.
#162-1968 FERRARI 330 GTC coupe.
S/N 11247. Eng. # 11247. Red/beige leather.
Odo: 28,936 km. Very good paint and panel fit
with a few small issues. Hairline paint cracking
behind right vent window. Borranis need a
bit more polishing. Fresh-looking Michelin
tires. Right-hand wiper does not fit window.
rior firewall with a few errant holes. Mix of
old and new fasteners. Scuffed gear lever.
Jump seats neatly folded into their storage po-
Driver’s seat nicely broken in. Cond: 2+.
SOLD AT $803,000. Car presents as an
excellent restoration that’s just wearing in.
Claimed multiple FCA Platinum Awards,
documentation by Ferrari historian Marcel
Massini and Ferrari Classiche Certificate of
Authenticity all validated this car, and bidders
agreed. Both seller and buyer should be happy
here.
#107-1976 FERRARI 308 GTB coupe.
S/N 19579. Eng. # 01170. Fly Yellow/beige
leather. Odo: 13,865 miles. Crazed headlight
covers and A-pillars support claim of original
paint, but red appears under chips at rear deck
opening and behind front wheels. Wrinkled
driver’s seat. Campagnolo wheels retain adhesive
where old balancing weights once lived.
Said to be one of the first 712 308 GTB models
with fiberglass body panels and dry-sump
sitions in back. Cond: 2+. SOLD AT $71,500.
This was not the nicest FJ in Scottsdale this
week, and other auctions had multiples on offer,
but this was the only one at Bonhams—and
it did have a lot of eyeball, even if there were
some unfinished details. Home run for the
seller, although the buyer can still point to the
example that sold at RM for $102k if anyone
accuses him of overpaying.
AMERICAN
#138-1910 THOMAS FLYER MODEL
6-40 tourer. S/N 380. Eng. # 281. Red/beige
cloth/maroon leather. Odo: 9,110 miles. ExHarrah’s
Auto Collection with known history
from new. Left in as original condition as possible,
although repainted during Harrah ownership.
Chipped dash varnish, with numerous
plaques for road events back to 1958. Handcranked
twin-spark side-valve engine’s rear
magneto missing and apparently is unneeded.
Acetylene lights with later supply tank under-
lubrication. Cond: 2-. SOLD AT $114,400. If
this car is as original as stated, it’s just about
how you’d want to find an early 308. The price
paid was surprising, as carbureted 308s can
offer a wealth of challenges in passing emissions
tests. But the $114k paid shows the value
that collectors are now placing on low mileage
and originality. Well sold, but also well
bought in a sense, because where else would
you find an original lightweight 308 with under
14,000 miles? Perhaps an upswing is
starting.
JAPANESE
#143-1978 TOYOTA LAND CRUISER
FJ40 SUV. S/N FJ40276697. Blue/black vinyl.
Odo: 4,985 miles. A terrific, appropriate
restoration of a simple 4WD vehicle with very
little left to do. Manual-locking front hubs,
manual dual-range transfer box. Scruffy inte-
April 2014
neath. Adjustable pedals. Worn carpeting and
upholstery. Dirty top. Lengthy catalog description
and many event plaques erase any doubt
as to its history and usability. Cond: 3-. SOLD
AT $275,000. After its triumph in the 1908
New York to Paris around-the-world race,
Thomas Motor Company’s popularity soared.
Delivered not long after that race, this tourer’s
history is known since new, with the car
having only two owners from 1915 until the
break-up of the Harrah Collection in the
1980s. Although the seller likely hoped for
more, price paid was probably all that can be
expected for such a century-old orphan.
#106-1915 PACKARD MODEL 1-35
“Twin Six” 7-passenger tourer. S/N 86193.
Eng. # 86193. Black/black/black leather. Odo:
129

Russo and Steele Scottsdale, AZ
Russo and Steele — Scottsdale 2014
One of my personal favorite cars was a spectacularly correct 1964 Porsche
356SC cabriolet, which brought a record $242k
Company
Russo and Steele
Date
January 15–19, 2014
Location
Scottsdale, AZ
Auctioneers
Jeff Stokes, Dan Schorno,
Rob Row, Frank Bizzarro
Automotive lots sold/offered
484/735
Sales rate
66%
Sales total
$21,178,532
High sale
1966 Lamborghini 350GT,
sold at $742,630
Buyer’s premium
10%, included in sold prices
1964 Porsche 356SC cabriolet, sold at $242,100
Report and photos
by Joseph Seminetta
Market opinions in italics
“E
uropean Sports, American Muscle,
Hot Rods and Customs.” This isn’t
the run sheet for Gooding, RM or
Bonhams. This is the heading that you
see on Russo and Steele’s catalog, website
and run sheets. Russo continues to grow their
selection of European collector cars, and at
this year’s Scottsdale auction, the mix was
stronger than ever.
To attract the deep-pocket bidders, Russo steps up their game each year, with better service
and more upscale amenities. There is no British auctioneer or Montrachet wine, but the auction
house has improved parking, beverage availability and overall hospitality. The changes seem
to be working, as sales for 2014 were nearly 20% larger than last year’s $17.8m, and attendance
was up 35%.
Muscle car enthusiasts need not worry about a hostile takeover of Russo and Steele, as
American V8s still pay the bills. There are plenty of auction tents for both European and
American lots to coexist in harmony.
This year’s auction was enhanced by a week of warm
Sales Totals
temperatures and perfect sunshine. As the sun fell, the
bidders flocked to the auction ring to set a few worldrecord
prices. Among the new record-holders was a 1966
Lamborghini 350GT that sold for $743k — the top price
of the sale. The second-biggest sale came from our side
of the pond: a 1963 Pontiac Tempest LeMans Super Duty
drag racer at a world-record $336k. One of my personal
favorite cars was a spectacularly correct 1964 Porsche 356
cabriolet. The restored car even wore correct engine stickers,
and it brought a record $242k.
Scottsdale 2014 was a success for Russo by any mea-
1966 Lamborghini 350GT coupe, sold at $742,630
132
sure. Clearly, the company has found its niche and is
delivering the right cars to the right people. ♦
$30m
$25m
$20m
$15m
$10m
$5m
0
2014
2013
2012
2011
2010
Sports Car Market
courtesy Russo and Steele
RESULTS N/A

Page 132

Russo and Steele Scottsdale, AZ
ARGENTINIAN
#S737-1931 BUGATTI TYPE 51 Pur
Sang replica monoposto. S/N 5370B0.
Alloy/brown leather. A beautiful re-creation of
the Bugatti Type 51 race car. Superb alloy
construction looks as if it came from the original
era. Twin-cam, supercharged inline eight
in a 1,700-lb car guarantees excitement. Eli-
build, new transmission, hydraulics, fuel
system and brake work. Cond: 3. SOLD AT
$135,100. 332 ft-lbs of torque move this Bentley
from 0–60 in 12.6 seconds. The car sold
for fair money given its condition.
gible to participate in many vintage racing
events. Cond: 2. NOT SOLD AT $250,000.
Re-creations are always difficult to value, but
Pur Sang’s work exudes quality, and virtually
no detail is overlooked. This lot gathered a lot
of eyeballs but not enough bids to sell. The
owner was right to keep it at the high-bid
price.
ENGLISH
#F405-1953 MG TD roadster. S/N TD22963.
British Racing Green/black vinyl/black
vinyl. Odo: 24,529 miles. Final production
year of the TD. Poor paint and finish. Nice upholstery
and dash. The easily replaced broken
wiper is representative of the car’s overall
condition. Relatively clean engine bay. Cond:
#S663-1974 JAGUAR XKE Series III
V12 convertible. S/N UE1S25204. Black/
black cloth/red leather. Odo: 40,572 miles.
Nicely restored Series III roadster. Power
brakes and steering, a/c. With books, tools and
jack. Excellent paint and interior. Cond: 2.
very nice features. It was unfortunate that the
paint and exterior trim were not done to the
level of the rest of the car. It may have been an
underwater restoration that ran out of money
before the paint was applied. Well sold.
#S708-1957 MERCEDES-BENZ 220S
cabriolet. S/N 180030N8509107. Graubeige/
black cloth/black leather. Odo: 14,843 miles.
One of 3,290 “Ponton” cabriolets built 1956–
59. Claimed to be matching numbers with alloriginal
equipment. Full body-off restoration.
Beautiful, correct non-lacquer dash. Exceptional
chrome. Some minor paint imperfections.
Original California car. Original spare.
Cond: 2. NOT SOLD AT $97,500. 220s have
not yet seen the meteoric appreciation enjoyed
by the 190SLs, but the buyer was right to hold
out for more money.
NOT SOLD AT $60,000. Series III E-types
have moved up a little in price but are still a
far cry from the Series I cars. The correct-butugly
rubber bumpers and automatic transmission
did not enthuse bidders. The seller should
have taken the high bid.
GERMAN
#S627-1956 VOLKSWAGEN BEETLE
Zwitter 2-dr sedan. S/N 11043764. Texas
Brown/tan tweed. Odo: 3,042 miles. Rare
“Zwitter” Beetle (loose translation: hybrid),
built during the transition from split-window
to oval. Detailed, hot-rodded engine makes
3-. SOLD AT $25,980. More TDs were produced
than all preceding MG models. They
are primitive and slow (0–60 in more than 20
seconds when new) but attractive and simple
to own. This car was a bit rough for the price
paid. Well sold. It recently sold for $21k at
Russo’s Las Vegas sale in September (SCM#
228588).
#S744-1960 BENTLEY S2 CONTINEN-
TAL drophead coupe. S/N BC54LAR. Dark
blue/dark blue cloth/white leather. Odo:
61,001 miles. An elegant driver-condition car
with a considerable amount of orange peel
covering its long panels. Factory a/c and
power windows. Newer interior is showing
some signs of aging. Newer wrinkled top
should have been steamed. Pitted chrome. Recent
mechanical work includes a top-end re-
134
minimal evidence of use. Cond: 2. SOLD AT
$160,436. With their well-proportioned bodies
and comfortable interiors, these cars have
been too cheap for too long. The “poor man’s
300SL” has now been elevated to the big
leagues. Mercedes made more than 10 times
as many 190SLs as 300SL Roadsters, which
may limit future appreciation. Well sold, but in
line with the current hot market.
#S725-1962 PORSCHE 356B Super 90
double the stock horsepower. Ragtop with
charming wood roof rack. Sloppy rubber.
Thick paint with excessive orange peel. Cond:
3-. SOLD AT $22,130. This Beetle had some
cabriolet. S/N 156310. Ivory White/dark blue
cloth/blue leather. Odo: 40,285 miles. Original
engine and highly optioned, per Kardex.
Nicely detailed engine bay. Panel waves and
sloppy door-jamb paint. Poorly fitted exhaust.
Painful Kenwood stereo. Originally Heron
Blue, now Ivory White. Cond: 3+. SOLD AT
$90,300. 356 cabrios have been following
Sports Car Market
#S720-1959 MERCEDES-BENZ 190SL
convertible. S/N 1210429500111. Glasurit
Black/white cloth/white leather. Odo: 32
miles. Ground-up restoration on a claimed
rust-free chassis. All major systems freshly rebuilt,
including engine, transmission, carbs,
differential, gauges and gas tank. High-quality
paint and brightwork. Newer interior showing

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Russo and Steele Scottsdale, AZ
restored W-113 with “Pagoda” hard top. Factory
a/c. Thin, inconsistent chrome. Some minor
paint defects but generally a high-quality
restoration. Detailed engine bay but missing
the strength of the Speedster market. This car
was a far cry from Lot S731, the concourscondition
356SC cab sold at $242k but was a
reasonable value at 40% of the cost. Market
value for buyer and seller.
#S612-1964 AMPHICAR 770 convert-
ible. S/N 100312. White/black vinyl/red &
white vinyl. Arizona car. (Arizona is a desert.)
One of 3,878 built before the company sank
(get it?) in 1968. Underpowered as both a boat
and a car. How can a British motor on a lake
some factory spot welds—replacement panels?
Nicely finished trunk. Well-trimmed interior
missing only a few details. Cond: 2.
SOLD AT $56,230. These grand touring cars
are very comfortable to drive. 280SL prices
have recently exploded, but no one told the
Russo bidders when this crossed the block.
Very well bought.
#S750-1973 PORSCHE 911S coupe. S/N
9113300836. Bahia Red/black leatherette.
Odo: 64,445 miles. Owned by the same family
from new through last year. Factory a/c and
tinted windows. Tools, manuals, and extensive
receipts. Nice, recent five-year refurbishment.
Excellent paint, interior and details through-
be a good thing? Thankfully, the bodies were
German-made. Cond: 3+. SOLD AT $52,930.
There seems to be one at every auction. This
one had panel waves on what looked like an
amateur restoration. I would first try it in a
shallow pond. Well sold.
#S731-1964 PORSCHE 356SC cabriolet.
S/N 159048. Ivory White/black cloth/red
leather. Odo: 75 miles. A stunning car difficult
to fault in any way. Bare-metal respray with
laser-tight panel gaps. The restoration nailed
all the right details, down to the correct engine
out. Cond: 1-. SOLD AT $143,130. Engine is
claimed to be original, but there was no mention
of the transmission’s originality. Early
911 prices continue to be strong, particularly
S models with full documentation. Market
price.
#F426-1973 PORSCHE 911T Targa. S/N
9113111187. Light yellow/black vinyl/black
leather. Odo: 64,223 miles. Nice interior with
period-correct radio. Not matching-numbers.
Paint overspray on rubber. Pitted chrome. Poor
hood fit. Incorrect Sumitomo tires. Mismatched
bumper paint. Expensive-to-fix-andmaintain
MFI replaced with Webers. Cond: 3.
SOLD AT $43,030. Ordinary cars bring ordi-
stickers and valve stem clips on the tires. Recently
shown at the Quail Motorsports Reunion.
Cond: 1-. SOLD AT $242,100. 356
cabrio pricing has firmed with its Speedster
cousins. If there was a car to deserve a worldrecord
price, this was it.
#S690-1969 MERCEDES-BENZ 280SL
convertible. S/N 10005797. Soft blue/black
cloth/red leather. Odo: 22,007 miles. Freshly
136
nary prices. I could not find any rust in the
battery-box area, but before buying a vintage,
Sports Car Market

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Russo and Steele Scottsdale, AZ
unibody car, I would like to see it on a lift. A
correct, restored example would fetch double
the money, but the cost of restoring this is prohibitive.
Well sold.
#S771-2002 BMW Z8 convertible. S/N
WBAEJ13482AH61279. Sport Red/red hard
top/black leather. The Z8 was styled by Henrik
Fisker, hand built and limited to a production
of just 5,703 units. These cars have M5 engines
with beautifully sculpted aluminum bodies
and chassis. This example “upgraded” with
Dinan software, Eisenmann exhaust and a
#S740-1966 LAMBORGHINI 350GT
coupe. S/N 0148. Black/tan leather. Odo:
12,787 km. A breathtaking, fully documented
restoration of Lamborghini’s first production
model. The styling was not loved in its day but
has aged well. One of only 143 produced, the
350GT is significant car that is rarer than the
Ferrari 330 GTC or 365 GTC of same period.
liable SUV that should provide a long period
of enjoyment for not much money. Marketpriced.
chassis brace. Hard top included. SOLD AT
$130,000. Rare and desirable but yet undiscovered;
I could see the Z8 joining the Ford
GT as an appreciating modern-day collectible.
But not yet. This example sold for essentially
its original sticker price of $129k, which is
market-correct for today. Given the modifications
to the car, it was well sold.
ITALIAN
#S741-1959 MASERATI TIPO 61 “Birdcage”
racer. S/N 2459. Red/red leather. Catalog
cover car with a storied history. Built for
Briggs Cunningham, but the original chassis
was destroyed in practice at Daytona in 1962.
Reconstructed in Modena in 2007 with some
original engine parts, but the rest of the car
had to be fabricated. The extensively documented
re-creation was granted a Historic
Technical Passport from the FIA. Cond: 1-.
This example has many early features but is
titled as the last year of production, likely due
to the factory’s poor recordkeeping. Cond: 1-.
SOLD AT $742,630. Previously sold at Russo’s
2010 Monterey sale for $440k, which we
called “well bought” (SCM# 165839). This
car was difficult to fault in any way. Magnificent
paint, chrome, interior, everything. A
world-record price. Well bought and sold.
#F565-1998 FERRARI F355 Spider. S/N
ZFFXR48A3W0112861. Dark blue/blue
cloth/tan leather. Odo: 11,834 miles. California/Arizona
car with no evidence of accident
damage or paintwork. Typical worn driver’s
seat. Manuals, tools and keys with car. Has
AMERICAN
#S729-1932 FORD MODEL B “The
Root Beer Coupe”. S/N AB5060851. Root
Beer Brown/Bordeaux leather. Odo: 401
miles. A spectacular car in every respect. Paint
like glass. Laser-tight panel gaps. Perfection
down to the smallest detail. Oklahoma-built
by Jim and Jason Smith with Chaz Rose (en-
had its 15k-mile belt service. Cond: 2. SOLD
AT $75,000. These Ferraris are nicely styled
and a huge step up from their 348 predecessors.
(Although I would be inclined to spend
another $10k for a 360 coupe, which is in another
league in terms of refinement and performance.)
A very nice car with no apparent
needs, sold at full retail price.
JAPANESE
NOT SOLD AT $1,400,000. 2459 became an
Internet sensation (with its own Wikipedia
page) when the description at the 2011 Mecum
Pebble Beach auction (no sale at $1.85m) had
to be modified to reflect the reconstructed nature
of the car (SCM# 183957). Despite the
prime-time slot and publicity, bidding for this
lot was not very spirited. The crowd roared
when $1m was bid, but it struggled to get
much higher. Valuing such a storied car is difficult,
but the seller was right to hold out for
more money.
138
#TH374-1976 TOYOTA LAND
CRUISER FJ40 SUV. S/N FJ40209352.
Beige/blue vinyl. Odo: 21,765 miles. Nicely
restored truck, including 1976-looking orange
peel throughout, with new interior. Roll bar.
Side-facing rear seats. High-mounted rescue
jack. Eighteen-inch Incubus off-road wheels
with Toyo Open Country tires. Optional rear
heater. Typical 350 SBC. Cond: 3+. SOLD AT
$33,650. FJs were well represented at many of
the Arizona auctions this year. They have robust
chassis and can provide long lives of service.
Many (like this example) have had
engine transplants. This was an attractive, re-
gine) and Chuck Rowland (interior). Rodder’s
Journal cover car in 2013. Starting with a
1963 Z11 409 stroked to 484 to produce in excess
of 600 hp. Suicide doors. No reserve.
Cond: 1-. SOLD AT $159,600. Bidding for
this car started very slow and stalled around
the $100k mark. Very well bought for a fraction
of the construction cost.
#S702-1953 BUICK SKYLARK convert-
ible. S/N 17059846. White/white vinyl/red &
white vinyl. Odo: 45,371 miles. 322-ci V8,
2-bbl, auto. Marking the 50th anniversary of
Buick, 1,690 Roadmaster Skylarks were produced
in 1953 (all were convertibles). The car
was a shortened version of the Roadmaster
with some enhancements (such as Buick’s first
12V electrical system) to justify its $5,000
Sports Car Market

Silver Auctions Fort McDowell, AZ
Silver — Fort McDowell
Cadillacs proved popular out here, with an unusually high quantity of 13
selling for a combined $154k
Company
Silver Auctions
Date
January 17–18, 2014
Location
Fort McDowell, AZ
Auctioneers
Mitch Silver, Bob Graham,
Matt Backs
Automotive lots sold/offered
191/328
Sales rate
58%
Sales total
$3,312,630
High sale
1972 Jaguar XKE convertible,
sold at $81,540
A diverse offering at Silver’s annual Fort McDowell auction
Report and photos by
B. Mitchell Carlson
Market opinions in italics
F
or those of us who enjoy going to
Arizona for the week-long marathon
of collector-car auctions, each sale has
its own unique character and — in a
certain sense — charm. Undoubtedly because
I’ve reported on all 17 years of Silver’s auction
at the Fort McDowell Casino, this is the one at
which I feel most at home. Not just because of
the tenure out there, but because it remains the
venue where you get the best combination of
selection and affordability.
Continuing the two-day auction format,
Silver pretty much held the course compared
with 2013’s figures. With 14 fewer cars and 22
fewer sales, one might assume that the sale brought in less than last year. The total take was
$302k larger, however, indicating that on average, this year’s cars brought more money each.
The top sale of the weekend was a 1972 Jaguar E-type convertible, sold at $82k. Beyond that,
American cars dominated the top 10. Next highest was a 1948 Cadillac Series 62 Convertible,
sold for $76k.
Cadillacs proved popular out here, with an unusually high 13 selling for a combined $154k.
One of the biggest scores of the weekend was a 1956 Sedan DeVille four-door hard top at less
than $7,500, including commission.
Other trends noted were weak numbers of traditional muscle cars. Mopars especially were
in short supply. However, there was an uptick in post-war collector cars, and trucks continued
to be plentiful at all price points.
There was also a more noticeable presence of non-
traditional imported cars. Yes, Silver had their requisite
Toyota Land Cruiser (actually two — an FJ40 and an FJ45
pickup), but they also had a 1979 Toyota SR-5 pickup.
There were other Asian vehicles represented, but those
tended toward plain “used cars” marques like Lexus and
Infiniti, mixed in with expected Mercedes-Benzes. (Of 20
Benzes offered, 12 were 1990 or newer.) The used cars
may be of little interest to us classic-car-minded collectors,
but with a majority of the folks who were actually
spending money being dealers, the newer cars do help pay
the bills to keep the auction going.
Still, Silver’s mix of cars is among the most varied of
1972 Jaguar XKE Series III V12 convertible, sold at
$81,540
142
any of the Arizona sales, and a darn sight the most attainable
when hammered sold. Which, when it all boils
down, is what this week in Arizona is all about — getting
collector cars sold. ♦
Sales Totals
$5m
$4m
$3m
$2m
$1m
0
Sports Car Market
2014
2013
2012
2011
2010
Buyer’s premium
8%, included in sold prices

Page 142

Silver Auctions Fort McDowell, AZ
ENGLISH
#259-1965 ROLLS-ROYCE SILVER
CLOUD III sedan. S/N LSHS253. Black/tan
leather. Odo: 67,480 miles. High-quality trimoff
repaint. Most trim replated or professionally
buffed out while off. Fitted with Lucas
driving lights and a modern stereo in dash. Excellent
dash wood; door tops starting to show
some wear. Superb leather upholstery with a
Presentable brightwork. Okay panel fit. Loosefitting
seat covers. Cond: 3. SOLD AT
$13,230. I’m pretty certain that this was newer
than 1967, but identified as such to get it into
the U.S. with fewer hassles. For those in states
where titling could be an issue, this was more
than enough paid. Even where it’s not a problem,
this was plenty.
final year of the single model for the 6-series
coupe. For a while, that is. 1987 saw the fabulous
4-valve M6 and automatic-only L6, then
reverting back to the 653 CSi and M6 for
1988. While well kept and not junked up, this
one’s still pretty deep for miles, so sale was
fair.
ITALIAN
#324-1967 ALFA ROMEO MONTREAL
slight hint of “old car” smell. Fresh whitewalls.
Topical engine bay detailing, but nowhere
near show quality. Cond: 2-. NOT
SOLD AT $100,000. A week after the auction,
this was still on the consigning dealer’s website
for $125k. Heavily overpriced no matter
how you slice it, as even half this bid was way
rich for the car—despite it being better than
the usual Silver Cloud we see out in Auctionland.
#263-1972 JAGUAR XKE Series III V12
convertible. S/N 1S20591. Chocolate brown/
black vinyl/black leather. Odo: 25,926 miles.
Mostly original car. Seller suspects that miles
are actual. Quite good original paint, with
some polishing swirls. The all-original
brightwork is pretty good, although there is
some slight dulling. Pirellis on the chrome
wire wheels were likely mounted back when
coupe. S/N AR1425234. Red/black leather.
Odo: 48,897 miles. Gray-market import,
brought over and titled as a 1967—despite the
fact that Montreals didn’t exist in 1967. Older
repaint has long scratch on left rear quarter
panel that has all layers of paint lifting. Masking
lines around hatch. No fewer than three
driver’s door mirrors have been mounted,
based on the holes and plugs. Wiring under the
hood is more than a little unsettling. Generally
JAPANESE
#35-1968 TOYOTA LAND CRUISER
FJ45 pickup. S/N N/A. Off-white/black vinyl.
Odo: 9,738 miles. Claimed to be original except
for the recent repaint, tires and conversion
to a Weber/Holley progressive 2-barrel
carburetor. Miles believed actual, as it was
owned by a Catholic church in Montana as
their utility vehicle. Superb paint, with new
metal fasteners. Difficult to believe that the
seat upholstery is 44 years old, especially
compared to the lightly worn seatbelts. Newer
matte-black chassis. No VIN on vehicle.
“ALF” was the big thing on TV. Original interior
with light wear and soiling. Cond: 2-.
SOLD AT $81,540. Recently seen at Lucky’s
Tacoma sale in August, not sold at an undisclosed
high bid (SCM# 227612). More of a period
piece than a well-preserved original, this
still ended up being the top sale at this auction,
underscoring that series III E-types continue
to excel in the marketplace.
GERMAN
#220-1986 BMW 635 CSI coupe. S/N
WBAEC7402G0607203. Black/black leather.
Odo: 184,081 miles. Recently serviced with
new radiator and exhaust. Generally good
buffed-out original paint. A few light dings in
front fenders and hood. Older aftermarket
window-tint film. Good seat leather, moderately
worn carpet. Cleaned-up, stock engine
bay. Cond: 3. SOLD AT $5,130. This was the
144
clean and mostly original mechanical bits,
though. Cond: 4+. NOT SOLD AT $39,000.
Right front tire never seemed to get enough
air, battery never seemed to get enough
charge, despite the jump pack being on it most
of the weekend. You may or may not get away
with titling in your state, although that’s the
least of your problems. Recently no-saled at
Mecum Monterey in August at $35k (SCM#
230474), confirming that this offer was plenty.
#268-1967 FIAT 500 2-dr sedan. S/N
1489812. White/black vinyl. Odo: 29,469 km.
European-market car, reportedly with an Abarth-tuned
motor. Modern aftermarket plus-2
alloy wheels and performance tires. Somewhat
clean engine bay with modern tie wraps and
wrapped exhaust-pipe insulation. Aftermarket
exhaust. Low-budget, older repaint with dis-
Cond: 1-. NOT SOLD AT $52,000. Quite
rare in the U.S., due to the “chicken tax” on
imported pickups. The unusual transfer-case
mechanism required pulling a switch to unlock
a dash-mounted lever before shifting into
4WD. And with the column-shift 3-speed, you
get a flat floor with bench seating for three.
Mitch stated on the block that he was looking
for something north of $55k, which could be
tough—a comparable truck sold at BarrettJackson
on the same day for $44k.
#34-1977 TOYOTA LAND CRUISER
FJ40 SUV. S/N FJ40248689. Beige/black vinyl.
Odo: 91,200 miles. Restored in recent
years. Body seems to fit farther forward on the
frame than stock. Good repaint. A few light
dings in right side of lower cowl. Diamondplate
aluminum panels on rear corners and under
doors hopefully conceal no rust. Converted
to a Weber/Holley progressive 2-barrel carburetor,
but engine bay is generally stock and
coloration and heavier scratches on engine lid.
tidy. Excellent original-style seat upholstery,
with no perceivable wear. Aftermarket roll bar,
but otherwise stock interior. Cond: 2-. SOLD
AT $32,940. The windshield card read,
“These FJ40 Landcruisers are on the rise.”
Sports Car Market

Page 144

Silver Auctions Fort McDowell, AZ
Well, that bus left two years ago, and now
prices seem to be cooling down—although one
sold this same week across town at RM’s
Phoenix sale for $102k. This one was more
representative of reality.
AMERICAN
#261-1940 MERCURY EIGHT coupe.
S/N 963161789. Maroon/tan broadcloth. Odo:
81,261 miles. Modern turn signals added atop
the bumpers, with the control unit on steering
column and the wiring tie wrapped all the way
down the column to the floor. Excellent older
reupholstery work, likely from a kit. Older repaint
has a good sheen but is starting to show
some stress cracks. Good older rechrome also.
Decent door and panel fit. Several mods to the
sentable restoration. Originally dark blue under
the rather well-done older repaint. Now
has a few nicks and light scratches. Most
chrome replated when restored and starting to
dull a bit. Reproduction accessory Chrysler
wire wheels. Good door and panel fit. Newer
door seals. Good reupholstery work approxi-
flathead, to include Edelbrock heads, Holley
4-barrel carburetor conversion, Mallory ignition,
alternator conversion, and dual 6-volt
batteries. Cond: 3. SOLD AT $31,590. I liked
that all the mods were done for driveability,
but once the hood was shut, it was just another
’40 Merc coupe. Yeah, just another ’40 Merc
coupe; like they’re falling out of the trees with
16,189 made. The reserve was cut loose at
$29k, making it a respectable deal for all involved.
BEST
BUY
#297-1956 CADILLAC DEVILLE
4-dr hard top. S/N 5662141382.
White & black/gray cloth. Odo:
82,896 miles. 365-ci V8, 4-bbl, auto. Factory
optional a/c, plus power steering, brakes and
windows. Old repaint done quite well; has the
occasional chip and scratch. Stainless trim
isn’t too bad, but the chrome will need help.
Rear bumpers have rotted away from having
the exhaust routed through the ends. (The last
mates the original pattern with industrial-grade
vinyl. Recently refinished rear compartment
wood decking, with polished stainless skid
strips. Generally tidy under the hood. Cond: 3.
SOLD AT $31,428. It’s not that unusual to see
a 3-on-the-tree in here, since station wagons
were still considered working cars at this time.
Offered at no reserve, so nobody can really
complain too much about the price.
#313-1958 CHEVROLET CORVETTE
convertible. S/N J58S103615. Red/red hard
top/black vinyl soft top/black vinyl. Odo:
34,603 miles. 283-ci 245-hp V8, 2x4-bbl,
4-sp. DJ-code 245-hp/automatic drivetrain;
now with a 4-speed. Restored a few years ago,
still presenting well. Better-than-original body
prep. The repaint has an authentic, slightly
muted look. Good brightwork. New tires.
Minimal interior vinyl wear, but noticeable
carpet wear. Correctly restored engine bay
cosmetics, starting to take on dust. With Wonderbar
radio and two tops. Cond: 3+. SOLD
AT $70,200. For this price in today’s unsettled
C1 market, it should’ve had the correct drivetrain.
Sold very well any way you look at it—
especially looking at it from underneath.
exhaust redo did route the outlets underneath
the bumper.) Cracked driver’s window. Some
loose interior trim; armrests held together with
black duct tape. Decent seat upholstery. Cond:
4+. SOLD AT $7,452. GM’s first year for the
four-door hard top. This wasn’t too bad of a
deal for someone who’s into Cadillacs and
knows how to toss wrenches at them. Even for
an old-car newbie with mechanical aptitude,
this was bought well.
#314-1956 CHRYSLER TOWN &
COUNTRY wagon. S/N W5646369. Beige &
brown/two-tone brown vinyl. Odo: 93,747
miles. 331-ci V8, 2-bbl, 3-sp. Older, very pre-
146
Sports Car Market
#234-1960 FORD GALAXIE Sunliner
convertible. S/N 0G55Y156174. Rangoon
Red/white vinyl/white, black & red vinyl.
Odo: 60,274 miles. 427-ci V8, 2x4-bbl, 4-sp.

Page 145

Silver Auctions Fort McDowell, AZ
Originally equipped with a 300-hp 352 V8;
engine bay now occupied by a circa-1963
dual-quad 427. Under the hood, the conversion
looks all but stock; inside car, crudeness
prevails. Aftermarket Hurst shifter pokes out
of the floor, hole partially visible; shifter hits
seat. Original column-shift steering sector still
in place. Economy seat reupholstery work
does emulate the original pattern pretty well.
Repaint okay at best. Cond: 3. SOLD AT
$25,920. Last seen at Mecum’s 2013 Spring
Classic in Indy, selling for $21,400 (SCM#
223549). Not too bad of a deal here, really.
While it’s slightly steep for a ’60 Sunliner, you
get a very resaleable 1963 427 that will more
than offset the cost of putting a 352 back
where it belongs.
#328-1962 CHEVROLET CORVAIR
Monza convertible. S/N 20967W291592.
Tuxedo Black/white vinyl/black vinyl. Odo:
96,661 miles. 146-ci H6, 2-bbl, 4-sp. Optional
102-hp motor, 4-speed, wire wheel covers.
Newer radial tires. Originally left Willow Run
painted Corona Cream. Inconsistent body
prep. Hood sitting high in the middle. Dry-rotted
vent-window seals. Typical break in soft
top between the first and second tonneau
seat and door panel inserts. Not much above
the cylinder heads is stock on the motor: Edelbrock
carburetor, air cleaner, valve covers, ignition
system and Jameson whiskey coolant
overflow bottle. Cond: 3+. NOT SOLD AT
$13,500. 1965 was the introductory year of
one of the stalwart features of F-series pickups:
Twin I-Beam front suspension. Essentially
a pair of long swing-axles, it remained in production
until 1996. Enough bid here.
#303-1965 MERCURY COMET Caliente
sedan. S/N 5H22C509854. Sandstone
Metallic/black vinyl. Odo: 32,758 miles. 289ci
V8, 2-bbl, auto. Claimed to be a one-familyowned
car, essentially original, with actual
miles. Mostly original paint with some panels
reshot over the years. All original brightwork
is excellent. Good panel fit; doors shut like
bank vaults. All-original interior with minimal
wear. New radial tires. Fresh, heavily detailed
engine bay. Offered at no reserve. Cond: 3+.
SOLD AT $9,450. Looks like a big price for a
nothingmobile four-door, but considering the
careful stewardship and low miles, I have to
call it bought well. The market did speak with
clarity here.
snaps. Seats showing several splits. Motor
seems to run out okay, and looks respectable
from the top, although it’s dingy beneath and
the thermostats don’t work. Cond: 3-. SOLD
AT $6,480. Stated to have $4,500 into “taking
care of all the issues.” For double that, I
should’ve sold them my ’62 Monza drop-top
and avoided those issues from the start. Well,
they cast it aside at the $6k point on the block,
so now somebody else gets to help keep
Clark’s Corvair Parts in business for another
year.
#363-1965 FORD F-250 Custom Cab
pickup. S/N F25DR700438. Beige & white/
beige cloth. Odo: 64,246 miles. 352-ci V8,
4-bbl, 4-sp. Utah-issued VIN; their tag attached
to the door pillar a month ago. Power
steering and brakes. Modern alloys, bed rails,
tool box, rear bumper, dual exhaust, steering
wheel and stereo. Better-quality trim-off repaint.
Modern automotive cloth used for the
#285-1966 MERCURY S-55 convertible.
S/N 6W46Q553633. Maroon/white vinyl/
white vinyl. Odo: 50,493 miles. 428-ci V8,
4-bbl, auto. Claimed to have spent most of its
existence in a dealer’s showroom, with actual
miles. Decent older repaint, now with a lot of
buffer swirls. Non-stock pinstriping. Aside
from hood sitting high at cowl, good bodycomponent
fit. Good original brightwork.
Original top with a few patched-up small
tears. Light wear on the original interior. Period
bias-ply tires. Cond: 3+. NOT SOLD AT
$20,000. The Q-code 428 was the only engine
available in the S-55, akin to the equivalent
Ford of this year, the 7-Liter. (Still, I suspect
that someone out there was able to specialorder
one with a 427 instead, as that has happened
to the 7-Liter also). At best, Merc
pricing is on par with the stablemate Ford for
most models, ringing true here even if S-55s
are exceptionally rare.
#286-1967 FORD MUSTANG fastback.
April 2014
147

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Silver Auctions Fort McDowell, AZ
S/N 7F02C211479. Red/black vinyl. Odo: 1
mile. 289-ci V8, 2-bbl, auto. Recently completed
restoration. Originally a 200-hp 2-barrel
induction car, now with an aftermarket 4-barrel
with high-riser intake. Clean underhood
bolts on rear bumpers. Decent original interior,
with moderate wear and light warping of select
soft plastic components. Warped door
ver Auctions Fort McDowell, AZ
S/N 7F02C211479. Red/black vinyl. Odo: 1
mile. 289-ci V8, 2-bbl, auto. Recently com-
pleted restoration. Originally a 200-hp 2-barrel
induction car, now with an aftermarket 4-bar-
rel with high-riser intake. Clean underhood
bolts on rear bumpers. Decent original interior,
with moderate wear and light warping of se-
lect soft plastic components. Warped door
but
but no real attempt at authenticity. High-quality
bare-body color-change repaint from original
Springtime Yellow. The doors were gutted
and reassembled, and they fit rather well.
Mostly reproduction brightwork. All new interior
shows no discernable wear. Cond: 2. NOT
SOLD AT $34,500. While these early Mustang
fastbacks now defy the “price goes up
when top goes down” axiom, the modifications
on this one held it back. Market-correct offer.
#75-1968 CHEVROLET CORVAIR
Monza convertible. S/N 105678W113598.
Medium blue metallic/white vinyl/blue vinyl.
Odo: 83,047 miles. 164-ci H6, 2x1-bbl, 4-sp.
Optional 110-horse engine, 4-speed, and pushbutton
AM radio. Originally equipped with
optional oil-bath air cleaner, but only the
mounting bracket remains. Average repaint.
Serviceable original brightwork, with eyelet
panels. Older replacement top, showing some
seam separation on the edging. Cond: 3. NOT
SOLD AT $7,500. In some ways, a ’68
Corvair convert is almost rarer than a ’69, because
the latter was all but an instant collectible,
while the former was just that goofy little
car that everyone talked about but didn’t buy.
As such, most were used up and not preserved.
Not that this one was well preserved, but at
least it’s still around 46 years after the fact.
Final bid was sufficient.
#95-1969 PLYMOUTH BARRACUDA
convertible. S/N BH27F9B368204. White/
black vinyl/white vinyl. Odo: 82,814 miles.
340-ci V8, 4-bbl, auto. Originally a 318 V8
car, with motor “built to 340 specs.” Trim-on
repaint with masking lines visible. New replacement
top. Older rattle-can engine repaint,
with a 340 air cleaner added; no cleanup or
detailing under the hood since. Flat black undercarriage,
aside from the newer non-stock
exhaust system. Reproduction seats and door
console. Several cracks in the steering-wheel
rim. Cond: 3+. NOT SOLD AT $24,000.
We’ve seen quite a few more of these secondgeneration
Barracudas turn up at auctions
within the last year. With the 1970–74 generation
still in a state of disarray in the market,
these continue to be stable and more affordable.
Speaking of which, this one should’ve
been affordable enough where the bidding
ended.
#291-1969 PONTIAC FIREBIRD 350
convertible. S/N 223679L100737. Red/white
vinyl/Parchment vinyl. Odo: 55,678 miles.
350-ci V8, 4-bbl, auto. Originally Verdoro
Green. Recent bare-body, color-change repaint.
New non-OEM windshield. All new
door seals, but missing several rubber stop
bumpers. Inconsistent door gaps. All bright
work professionally polished or reproduction.
Originally a 2-barrel car; now a 4-barrel with a
new set of aftermarket cast-aluminum valve
covers. Mostly original interior with modest
wear and minimal discoloration. Optional AM/
FM radio and center console. Cond: 2-. SOLD
AT $37,260. 1967–69 Firebird drop-tops were
pretty plentiful overall in Arizona this weekend,
but very few were ’69s. Reserve wisely
lifted at $34,500, selling better than bought.
#320-1970 BUICK ELECTRA 225 con-
vertible. S/N 484670H145434. Medium blue
metallic/black vinyl/black vinyl. Odo: 18,737
miles. 455-ci V8, 4-bbl, auto. Lazy prep and
paint. Mix of replated and original brightwork.
Hood doesn’t sit flush, but doors shut well.
Newer replacement top with glass backlight.
Rather nice original seat upholstery. Cond: 3.
SOLD AT $10,800. This was the final year of
the traditionally functioning convertible for
the big GM cars—the Pontiac Bonneville,
Olds 98, Buick Electra and Caddy DeVille.
From 1971 to 1976, GM used the X-top mechanism,
which doesn’t age particularly well. As
such, these big B-O-P converts (and even Ca-
148
Sports Car Market

Bike Roundup Selected Sales Combined in One Comprehensive Report
The Las Vegas Motorcycle Sales
Bonhams sells 160 bikes for $3.5m, and
MidAmerica sells 438 bikes for $7.4m,
totaling $10.9m for all of Las Vegas
Report and photos by Somer Hooker
Market opinions in italics
Collection and part of the Jack Silverman Ducati Collection. One high point of the sale was a 1940
Harley-Davidson EL “Knucklehead” with original paint. Originally estimated at $40k–$46k, the
dust settled at $159k out the door. But even that sale was topped by a 1978 Ducati 9090 NCR at
$176k. At the end of the day, 78% of 206 lots totaled nearly $3.5m.
Across town at the South Point Casino, MidAmerica’s two-and-a-half-day sale offered a sig-
A
nificant collection of Harleys from George Pardos. This collection’s focus was rare “first ofs.” The
two biggest sales here were a 1911 Harley-Davidson 7D twin at $283k and a 1925 BMW R37 at
$218k. The MidAmerica sale was “presented by” Mecum Auctions. Their single-lot MV Agusta
Collection that failed to sell at Monterey 2013 was offered here as 71 individual lots. All told,
MidAmerica sold 82% of 536 bikes, for $7.4m in sales. ♦
The Las Vegas Motorcycle Auction
Company: Bonhams
Location: Las Vegas, NV
Date: January 9, 2014
Auctioneer: Malcolm Barber
Motorcycles sold/offered: 160/206
Sales rate: 78%
Sales total: $3,552,277
High sale: 1978 Ducati 900 NCR, sold at $175,500
Buyer’s premium: 15% on first $100,000;
10% thereafter, included in sold prices
ENGLISH
#314-1950 VINCENT HRD METEOR
motorcycle. S/N R15139. Eng. # F5AB23239.
Black/black vinyl. Odo: 2,131 miles. Excessive
chrome in lieu of cadmium plating. Paint
removed to show VIN on frame. Seat is a reproduction
and a bit ungainly. Some of the
23rd Annual Las Vegas Motorcycle
Auction
Company: MidAmerica Auctions
Location: Las Vegas, NV
Date: January 9–11, 2014
Auctioneers: Paul Behr, Dan Wall, Dan Schorno,
Jim Landis
Motorcycles sold/offered: 438/536
Sales rate: 82%
Sales total: $7,389,718
High sale: 1911 Harley-Davidson 7D Twin, sold at
$283,400
Buyer’s premium: 9% for onsite bids, 10% for phone
bids, 12% for Internet, included in sold prices
duced these stripped-down models—not what
you’d expect from such a prestigious company.
This one was pretty much to spec, but the restoration
suffered from over-chroming in
places. Well sold. Bonhams, Las Vegas, NV,
01/14.
#263-1952 VINCENT RAPIDE motor-
cycle. S/N RC11126. Eng. # F10AB19366.
Black/black vinyl. Odo: 1,151 miles. Appears
to be an older and quite presentable restoration,
probably done 20-plus years ago. Incorrect
levers and switch-gear. Headlight bucket
is chrome-plated (should be enameled). Fitted
switch gear is incorrect. Speedometer bezel
needs plating. Speedometer probably does not
reflect actual mileage. Cond: 2+. SOLD AT
$39,100. To use up old inventory, Vincent pro-
150
Cond: 1-. SOLD AT $218,000. One of the first
BMW racers ever manufactured. Allegedly
around 150 were built and only five are
thought extant. Bidding went up like a rocket
and stalled at $100k, took off again, went to
$180k and then $200k. Market-correct price.
MidAmerica, Las Vegas, NV, 01/14.
Sports Car Market
Cond: 1-. SOLD AT $12,650. I’ve only seen a
few of these, and this was the finest. Colin Seeley
was a noted frame-builder in the U.K. He
had developed a few of these frames for Barry
Sheene’s Suzuki 500. Barry went on to be
world champion. I don’t expect to live to see
another one of these released for public offer
again. Wisely acquired by a museum. Well
bought. Bonhams, Las Vegas, NV, 01/14.
GERMAN
#436-1925 BMW R37 motorcycle. S/N
139. Eng. # 35036. Black/brown leather. Paint
is really nice. All plating bright and probably
exceeds the factory original work. Cases
nicely finished and not polished out but left
natural. Has original manufacturer’s ID badge
on front, and it matches the serial numbers.
ntique-motorcycle collectors start each year in Las Vegas. This January, Bonhams held
its fourth Vegas bike sale, and MidAmerica held its 23rd. Both auction houses had
several large collections consigned.
Bonhams’ sale at Bally’s Las Vegas had the Wayne Pierce Harley-Davidson
with Dunlop alloy rims. Carbs are later Amal
concentrics. Front fender poorly fitted. Cond:
3. SOLD AT $47,960. An older restoration
that has stood the test of time. Nice “rider
quality” bike, as they say. I’m not sure if the
cases had ever been split, so any noises on
startup could be expensive. About marketcorrect
price for a Series C Rapide. MidAmerica,
Las Vegas, NV, 01/14.
#312-1970 SUZUKI SEELEY motor-
cycle. S/N CS253S. Eng. # T50076363. Red/
black vinyl. Estimated to have only 100 miles,
and looks it. Gas tank and oil tank are excellent
fiberglass. Alloy frame still brilliant.
Headlight is a Lucas pancake unit. Fitted with
a Suzuki tachometer only. Nice rims. Expansion
chambers have no dents or deterioration.

Page 150

Bike Roundup
#330-1954 BMW RS54 motorcycle. S/N
549012. Eng. # 549012. Black/black vinyl.
Alloy tank with Monza-style filler. Fitted with
Dell’Orto carbs. Fly screen and lots of tech
stickers on the fenders show that it has at least
been paraded, if not raced in historic events.
Hydraulic rear drum brake is probably a
throwback to sidecar racing days. Hoske-style
riorate. Auction company advised that careful
reconditioning will be required. Well sold.
Bonhams, Las Vegas, NV, 01/14.
#234-1983 BENELLI 900 SEI motor-
megaphone exhaust. Smiths tachometer. Cond:
2. SOLD AT $126,000. Allegedly this was an
earlier “long-stroke” motor. With their shaftdriven
OHC setup, these units could really rev.
This was well bought at $126k, but a disclaimer
at the bottom indicated that buyer
would also be liable for import duties. Bonhams,
Las Vegas, NV, 01/14.
ITALIAN
#368-1974 DUCATI 750 GT motorcycle.
S/N DM750S755563. Eng. # 754856DM750.
Red/black vinyl. Odo: 10,309 miles. Badges
removed and filled in. Earlier 1973 paint
scheme and decals. Engine has been out and
freshened. The instrument panel has no cracking,
but surplus gauges. Shock absorbers are
aftermarket, as is the master cylinder for the
Paint is good and an unusual color for Benelli.
No crazing or oxidation on the cases. Seat
cover is good. Cond: 1-. SOLD AT $18,975.
Said to be one of less than 2,000 built. Well
sold. I have a feeling there will be more of
these coming out in the future, but this is the
finest. Bonhams, Las Vegas, NV, 01/14.
#378-1988 DUCATI 851 Tricolore mo-
torcycle. S/N ZDM3HB6T2JB850046. Red,
white & green/black vinyl. Almost new example.
Still fitted with slicks, which appear
unused. Tachometer only. Some deterioration
of foam around instruments. Paint erosion
around master-cylinder cap. Some chipping of
front brake. Cond: 3+. SOLD AT $28,750.
“Roundcase” Ducatis are extremely strong
sale-wise now. There were two here, and this
was the cheaper one, due to previous upgrades
to make it more rider-friendly. The other unit
was much closer to original and brought
more. Well sold. Bonhams, Las Vegas, NV,
01/14.
#383-1976 MOTO GUZZI LE MANS
motorcycle. S/N 70455. Eng. # 70455.
Silver/black vinyl. Odo: 114 miles. Molded
foam seat prone to deterioration and sagging
on one side. Some paint beginning to go flat.
Some rust on brake rotors. Mileage looks accurate.
Every seal is dry and going to leak.
Cond: 2+. SOLD AT $21,850. Italian motorcycles
had problems from day one with their
paint. Even a sheltered unit like this will dete-
152
paint on forks. Cond: 1-. SOLD AT $40,250.
Nice original example. These were usually
sold with disclaimers on the certificate of origin
to the effect of “off-road use only.” Some
still managed to get titled and put on the road.
This sale was probably good for both parties.
Bonhams, Las Vegas, NV, 01/14.
saddlebags. Cond: 3-. SOLD AT $3,270.
These are always interesting when they show
up. Condor was a Swiss company under contract
to the military to provide military bikes
with 100% Swiss parts. They had to sneak
across the border and get a bunch on 350-cc
Ducati engines to fulfill the contract and cast
different names on badges. They were detuned
and had filters added to increase reliability.
Well bought. Retail is typically $4,200–$4,600.
MidAmerica, Las Vegas, NV, 01/14.
AMERICAN
#187-1909 HARLEY-DAVIDSON 5C
motorcycle. S/N N/A. Eng. # 4052. Gray/
brown leather. Original tires still on it. Paint
has deteriorated, but no real rust to speak of.
Sports Car Market
cycle. S/N ZBNB0AB4DP011182. Eng. #
BCB011127. Silver/black vinyl. miles. Fitted
with Reagan-era 85-mph speedometer showing
0.1 miles. About as flawless as an original
example can be. All of the brightwork is excellent.
Very slight deterioration on mufflers.
JAPANESE
#416-1988 HONDA RS750 motorcycle.
S/N GRS750F001. Eng. # GRS750001. Red/
blue vinyl. Nice bodywork in very good condition.
Seat in very good condition. Workmanlike
cable routing. Alloy wheels nicely
polished. AMA Tech inspection stickers still
on it. Serial number hand-stamped. One of
approximately 50 built. Cond: 2. SOLD AT
$43,600. The RS750 Honda was one of those
exercises that Honda undertook to prove that
it could. They were a strong force in AMA
Class C racing. They rarely come on the market
today. I asked the owner about the VIN,
because it was so low. He said he acquired the
cases from Honda and stamped the number
there because the AMA required it. Well
bought. MidAmerica, Las Vegas, NV, 01/14.
SWISS
#544-1973 CONDOR A-350 motorcycle.
S/N 743500690. Eng. # 740690. Olive drab/
black vinyl. Odo: 30,320 km. Typical “war
surplus” patina. Scratches, dents on fenders.
Numbers still stenciled on. Marzocchi forks
still intact, as well as rifle mount, rack and

Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com.
Auction Companies
Artcurial-Briest-Poulain-Le Fur.
33 (0)1 42 99 2056, 33 (0)1 42 99 1639.
7, Rond-Point des Champs-Elysées,
75008 Paris, France.
Email: motorcars@artcurial.com.
www.artcurial.com/motorcars. (FR)
Carlisle, PA 17013. Spring and Fall
Auctions. High-line cars cross the
block. Hundreds of muscle cars, antique,
collector, and special-interest
cars, trucks and motorcycles. Real
Cars. Real Prices.
www.carlisleauctions.com. (PA)
Dan Kruse Classics is a familyAuctions
America. 877.906.2437,
Formed in July 2010 as a subsidiary of
RM Auctions, the Auctions America by
RM team, led by collector car expert
Donnie Gould, specializes in American
classics, Detroit muscle, hot rods, customs
and vintage motorcycles. Consign
With Confidence.
www.auctionsamerica.com. (IN)
owned collector car auction company
located in San Antonio, Texas. DKC
has been responsible for successful
collector car sales since 1972 with annual
sales in Austin, Houston and San
Antonio. Dan has personally has over
$1,000,000,000 in sales in his storied
career. Dan, and daughters Tiffany,
Tedra and Tara, manage the company.
866.495.8111 Dankruseclassics.com
(TX)
888.672.0020, Lucky Collector Car
Auctions is aptly named after Harold
“Lucky” Lemay. Based in the majestic,
pastoral ground of Marymount,
home to the Lemay Family Collection
Foundation near Tacoma, WA, the
collection, formerly the biggest in the
world according to Guinness, now hosts
an unrivaled event center, art collection
and charitable foundation, which
features two exceptional collector car
auctions a year. www.luckyoldcar.com
(WA)
Russo and Steele Collector AutoMecum
Auction Company.
Barrett-Jackson Auction.
480.421.6694, 480.421.6697. For over
four decades, the Barrett-Jackson Auction
Company has been recognized
throughout the world for offering only
the finest selection of quality collector
vehicles, outstanding professional
service and an unrivaled sales success.
From classic and one-of-a-kind cars
to exotics and muscle cars, BarrettJackson
attracts only the best. Our
auctions have captured the true essence
of a passionate obsession with cars that
extends to collectors and enthusiasts
throughout the world. A television audience
of millions watches unique and
select vehicles while attendees enjoy a
lifestyle experience featuring fine art,
fashion and gourmet cuisine. In every
way, the legend is unsurpassed. N.
Scottsdale Rd, Scottsdale, AZ 85251.
info@barrett-jackson.com.
www.barrett-jackson.com. (AZ)
Gooding & Company.
310.899.1960, 310.899.0930. Gooding
& Company offers its international
clientele the rarest, award-winning examples
of collector vehicles at the most
prestigious auction venues. Our team of
well-qualified experts will advise you
on current market values. Gooding &
Company presents the official auction
of the famed Pebble Beach Concours
d’Elegance in August, the recordsetting
Scottsdale Auction in January
and a world-class auction at the Omni
Amelia Island Plantation in Florida in
March. www.goodingco.com. (CA)
262.275.5050. The Mecum Auction
Company has been specializing in the
sale of collector cars for 25 years, now
offering more than 12,000 vehicles
per year. Mecum Auctions is the world
leader of collector car, exotics, vintage
motorcycles and road art sales. Auctions
are held throughout the United
States and broadcast live on Velocity,
Discovery Network. For further information,
visit www.Mecum.com.
445 South Main Street
Walworth, WI 53184.
262.275.5050 (WI)
mobile Auctions. 602.252.2697,
Fax: 602.252.6260. Specializing in
the finest European sports, American
muscle, hot rods and custom automobiles;
Russo and Steele now hosts four
record-breaking auctions per year;
Newport Beach in June; Monterey, CA,
every August; Las Vegas in September,
and Scottsdale, AZ, every January. As
one of the premier auction events in
the United States, Russo and Steele has
developed a reputation for its superior
customer service and for having the
most experienced and informed experts
in the industry. www.russoandsteele.
com. (AZ)
Silver Auctions. 800.255.4485,
Silver Auctions isn’t successful because
we auction the most expensive cars,
we’re successful because we auction
the cars that you love. Silver Auction’s
staff, bidders and consignors are everyday
people with a passion for Nostalgic
and Collector cars. Come see the difference
at Silver Auctions. 2020 N. Monroe,
Spokane, WA 99205.
Email: silver@silverauctions.com,
www.silverauctions.com. (WA)
Palm Springs Auctions Inc.
Keith McCormick. 760.320.3290,
760.323.7031. 244 N. Indian Canyon
Drive, Palm Springs, CA 92262
A family-run auction house producing
two large classic cars auctions per year.
McCormick’s Palm Springs Auctions
has been in business for over 25 years,
and each auction features over 500 classics
& exotics.
www.classic-carauction.com. (CA)
Hollywood Wheels Auctions &
Bonhams is the largest auction
house to hold scheduled sales of classic
and vintage motorcars, motorcycles
and car memorabilia, with auctions
held globally in conjunction with internationally
renowned motoring events.
Bonhams holds the world-record price
for any motorcar sold at auction, as well
as for many premier marques.
San Francisco: (415) 391-4000
New York: (212) 644-9001
Los Angeles: (323) 850-7500
London: +44 20 7447-7447
Paris: +33 1 42 61 10 10
www.bonhams.com/motors
Shows 800.237.8954, Hosting two
auctions a year in beautiful Palm Beach,
FL, March & December. Offering
quality collector cars and personalized
service, all in a climate-controlled,
state-of-the-art facility. Come be a part
of the excitement! Check us out at
www.hollywoodcarauctions.com.
Where Collectors Collect! See You On
The Block!
The Vicari Auction Company hosts
fast-paced, high energy auctions along
the Gulf Coast, offering an entertaining
destination to car collectors, enthusiasts
and travelers. The company prides itself
on personal service, providing cars for
everyone from the avid collector to the
first-time buyer. For more information,
contact Vicari Auction at 1900
Destrehan Ave., Harvey, LA 70058; call
504.875.3563; or visit
www.vicariauction.com. (LA)
Rick Cole Auctions. Rick Cole
conducted the first auction ever held in
Monterey. His dozen successive annual
events forever changed the landscape
of the historic weekend. Next August,
Rick Cole and Terry Price combine
seventy-plus years of professional client
care to present an entirely new type of
Monterey Auction experience, conducted
at The Marriott Hotel. Limited consignment.
Email: rickcole@rickcole.
com Web: www.rickcole.com (CA)
Leake Auctions. 800.722.9942,
Carlisle Collector Car Auctions.
717.243.7855, 1000 Bryn Mawr Road,
FOLLOW SCM
Lucky Collector Car Auctions.
164
Sports Car Market
Join Leake Auction Company as they
celebrate 40 years in the collector car
auction industry. Their unsurpassed
customer service and fast-paced twolane
auction ring makes them a leader
in the business. Leake currently operates
auctions in Tulsa, Oklahoma City,
Dallas and San Antonio. Visit them
online at www.leakecar.com or call
800.722.9942.
Worldwide Auctioneers.
RM Auctions, Inc. 800.211.4371,.
With offices and auctions throughout
North America and Europe, RM is
the largest auction house globally that
caters to collectors of high-end vintage
automobiles. The RM team of car specialists
is the largest in the world, offering
services in a numbers of languages
and decades of experience in buying,
selling, racing, and restoring collector
cars. www.rmauctions.com. (CAN)
800.990.6789 or 1.260.925.6789,
Worldwide Auctioneers was formed
over a decade ago by vintage-motorcar
specialists Rod Egan and John Kruse.
The sale and acquisition of classic automobiles
is our core business, and no one
is better qualified. Worldwide is unique
in having owners who are also our
chief auctioneers, so you deal directly
with the auctioneer, and we are wholly
invested in achieving the best result for
you. Our auctions are catalogue-based,
offering a limited number of higher-end
consignments, with an emphasis on
quality rather than volume. (We don’t
limit ourselves to only selling the most
expensive cars in the world, but do
ensure that every car we consign is the
very best of its type.)
We also offer specialist-appraisal,
estate-management and collectionconsultancy
services. Our dedicated
private sales division serves the needs
of individual collectors who seek privacy
or to acquire vehicles that may not
be available on the open market.
www.worldwide-auctioneers.com. (IN)
RESOURCE DIRECTORY

Page 163

Alfa Romeo
Automobilia
Coachbuilt Press. 215-925-4233,
Centerline Products. 888.750.
ALFA, Exclusively Alfa Romeo for
over 30 years — rely on our experience
to build and maintain your dream
Alfa. Restoration, maintenance and
performance parts in stock for Giulietta
through 164. Newly developed products
introduced regularly. Check our web
site for online store, new arrivals, tech
tips, and special offers.
www.centerlinealfa.com. (CO)
Coachbuilt Press creates limited edition
automotive titles for the discriminating
motoring enthusiast. We present exceptional
material on the most significant
collections, museums and marques with
a balance of authoritative writing, precise
research, unique historical documents
and the modern photography of
Michael Furman. Please visit our website
to view our latest titles and order.
www.CoachbuiltPress.com (PA).
Steve Austin’s Automobilia &
Great Vacations. 800.452.8434, European
Car Collector tours including
Monaco & Goodwood Historics, private
collections, and car manufacturers.
Automobile Art importer of legendary
artists Alfredo de la Maria and Nicholas
Watts.
www.steveaustinsgreatvacations.com.
Jon Norman’s Alfa Parts.
800.890.2532, 510.525.9519. 1221
Fourth Street, Berkley, CA 94710.
Large selection of parts from Giulietta
to 164. Efficient, personal service.
www.alfapartscatalog.com. (CA)
Appraisals
Vintage Auto Posters. Since 1980,
Everett Anton Singer has been supplying
international collectors with
the most diverse selection of authentic
vintage automotive posters. The vast
inventory runs from the late 1890s
through the 1960s; featuring marque,
event and product advertising. Please
visit us at:
www.VintageAutoPosters.com.
Auto Appraisal Group.
800.848.2886, Offices located nationwide.
Pre-purchase inspection service,
insurance matters, charitable donations,
resale vales, estates, expert witness
testimony. On-site inspection. Certified,
confidential, prompt, professional.
“Not just one man’s opinion of value.”
See web site for locations and service
descriptions. www.autoappraisal.com.
Buy/Sell/General
Cosmopolitan Motors, LLC.
206.467.6531 , Experts in worldwide
acquisition, collection management,
disposition and appraisal. For more
than a quarter century, Cosmopolitan
Motors has lived by its motto, “We
covet the rare and unusual, whether
pedigreed or proletarian.” Absurdly
eclectic and proud of it. Find your treasure
here, or pass it along to the next
generation. www.cosmopolitanmotors.
com (WA)
Classic Showcase. 760.758.6100,
Restoration 760.758.6119. Always
buying: Offering top dollar for your
European classics. Always selling: 3
showrooms with an excellent selection
to choose from. Always Restoring: We
feature an award-winning, world-class
restoration facility, with the expertise
to restore you car to any level, including
modifications. Super craftsmanship;
attention to detail; knowledgeable staff;
servicing all of the collector’s needs.
Located in San Diego County.
Email: sales@classicshowcase.com,
www.classicshowcase.com (CA)
sics.com. Heritage Classics Motorcar
Company, the premier West Coast
classic car dealership established in
1985. Offering one of the largest indoor
showrooms in Southern California with
an exceptional inventory of the very
finest American and European classic
cars available. We buy, sell and consign
collectible automobiles, offering the
best consignment terms available, contact
us at sales@heritageclassics.com
When in Southern California visit
our beautiful showroom and specialty
automotive bookstore, Heritage Classics
Motorbooks, open Monday–Saturday.
For current inventory and to visit
our virtual bookstore visit
www.heritageclassics.com
Hyman Ltd Classic Cars.
314.524.6000, One of the largest inventories
of vintage cars in the world.
Please visit our website often,
www.hymnaltd.com to see our current
stock. Hyman Ltd Classic Cars, 2310
Chaffee Drive, St. Louis, MO. 63146
314-524-6000 sales@hymnaltd.com
Kastner & Partners Garage.
From our spectacular Santa Monica
location, Kastner & Partners Garage
strives to offer some of the finest collector
vehicles available, combined with
unparalleled service. If we do not currently
have that which you are looking
for or, if you have a classic that you’re
looking to sell, please let us know.
150 Pico Boulevard Santa Monica, CA
90405
310.593.2080
www.kastnerandpartnersgarage.com
Cosmopolitan Motors, LLC.
206.467.6531 , For over a quarter century
Cosmopolitan Motors has been at
the center of the world for collector cars
changing hands. Their unparalleled experience
in tracking valuations makes them
uniquely capable of valuating the rare
and unusual. Estates, settlements, collections,
insurance. Let their billion dollars
worth of experience supply the results
you seek. “We covet the rare and unusual
whether pedigreed or proletarian”. www.
cosmopolitanmotors.com (WA)
Automotive Restorations.
203.377.6745, Collector car sales, both
road and race, have been a key activity
for over 35 years. Our sales professionals
actively seek consignments on
a global basis. We also offer vehicle
“search and find” for rare models. We
undertake pre-purchase inspections
worldwide. We provide auction support,
including in person or telephone bidding
for absentee buyers. Restoration
management and special event assistance
are also included in our services.
Our aim is to make sure that your collector
car passion is as enjoyable and
worry free as possible.
www.automotiverestorations.com
Gullwing Motor Cars stocks more
than 100 cars at our warehouse location,
27 years of experience; visited
by customers across the country and
overseas. We specialize in European
and American cars and we are always
looking to buy classic cars in any
condition. We pick up from anywhere
in the U.S. Quick payment & pick up.
718.545.0500. www.gullwingmotorcars.com
Hartek Automotive, 319.337.4140,
Gooding & Company.
310.899.1960, Gooding & Company’s
experts are well-qualified to appraise
individual automobiles as well as collections
and estates. Whether it is the
creation of a foundation, living trust or
arrangement of a charitable donation,
we are able to assist you.
www.goodingco.com. (CA)
Beverly Hills Car Club is one of the
largest European classic car dealerships
in the nation with an extensive inventory
spanning over 50,000 sf. We can
meet all your classic car needs with our
unprecedented selection; from top of
the line models to projects cars. We buy
classic cars in any shape or condition &
provide the quickest payment & pickup
anywhere in the U.S. 310.975.0272
www.beverlyhillscarclub.com (CA)
April 2014
Hartek Automotive is a division of
Hartwig Motors Inc., one of the oldest
automotive retailers in the Midwest
since 1912. Hartek Automotive specializes
in the maintenance and sale
of sports and prestige automobiles.
Their reputation for service continues
with a very personalized approach to
maintenance of an individual’s daily
driver, to the restoration of that special
automobile. Hartek Automotive also
offers pre-sale or post-sale inspections.
Located in Iowa, we are equally accessible
for the enthusiast from anywhere.
Drive in or fly in...you will find us most
accommodating. www.hartek.org (IA)
Luxury Brokers International.
215.459.1606, specializing in the sales,
purchase and brokerage of classic automobiles
for the astute collector with
a new-age, contemporary approach.
Focusing on original, high-quality
examples as enjoyable, tangible investments.
Classic car storage, classic car
consignment, brokerage, and other
consulting services are available as
well. We actively pursue the purchase
and sales of any investment grade classic
car. Since 2009 we have offered
a unique opportunity for collectors,
enthusiasts, and other industry professionals.
www.lbilimited.com, sales@
lbilimited.com (PA)
Paul Russell and Company.
Heritage Classics Motorcar Company.
310.657.9699, www.heritageclas-
978.768.6092, www.paulrussell.com.
Specializing in the Preservation and
Sales of European Classics, pre-war
through the 1970s, since 1978. You
can rely on our decades of experience
with Mercedes-Benz, Ferrari, Porsche,
Bugatti, Alfa Romeo and other fine
collectibles. Repeat customers are the
lifeblood of our business. Contact us
today to join them. Car Sales Manager,
Alex Finigan: Alex@paulrussell.com.
(MA)
165

Page 164

Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com.
Woodies USA. 949.922.7707,
949.412.8812, We buy and sell great
woodies — hundreds to date. If you
are buying or selling give us a call.
We can help. Woodies are fun! Every
car collection should have at least one.
Located in Laguna Niguel, California.
www.woodiesusa.com. (CA)
Classic Car Transport
Chubb Collector Car Insurance.
Passport Transport. 800.736.0575,
Since our founding in 1970, we have
shipped thousands of treasured vehicles
door-to-door with our fully enclosed
auto transporters. Whether your prized
possession is your daily driver, a vintage
race car, a classic, a ’60s muscle
car or a modern exotic, you can depend
on Passport Transport to give you the
premium service it deserves. We share
your appreciation for fine automobiles,
and it shows.
www.PassportTransport.com.
L.A. Prep. 562.997.0170, L.A.
Prep brings its 30 years of experience
transporting vehicles for the automotive
industry’s top manufacturers to
discriminating luxury and exotic car
owners and collectors across the United
States. Its highly-skilled and experienced
staff delivers an unsurpassed
level of service and takes care of your
car with the highest quality equipment
available in trucks and trailers that are
as clean and well maintained as the
valuable assets that they carry.
www.LAPrepTransport.com
1.866.CAR.9648, With Chubb you’ll
have flexibility and control with worldclass
coverage and claim service. There
are no mileage restrictions, “Agreed
Value” is included and you’re free to
use the restoration shop of your choice
for covered repairs. Special pricing is
also available for large collections. For
more information, call 1-866-227-9648
or visit www.chubbcollectorcar.com.
www.wirewheel.com, 772.299.9788.
Aston Martin of New England.
781.547.5959, 85 Linden Street,
Waltham, MA 02452. Proudly appointed
Aston Martin Heritage Dealer
for the USA. New and pre-owned Aston
Martins are our specialty. Please contact
us when buying, selling or restoring.
www.astonmartin-lotus.com. (MA)
Grundy Worldwide. 888.647.8639,
Grundy Worldwide offers agreed value
insurance with no mileage limitations,
zero deductible*, and high liability
limits. Our coverages are specifically
designed for collectible-car owners.
From classic cars to muscle cars,
Grundy Worldwide has you covered.
(*Zero deductible available in most
states.) 888.6GRUNDY (888.647.8639).
www.grundyworldwide.com. (PA)
AUTOSPORT DESIGNS, INC.
631.425.1555, All Aston Martin models
welcome regardless of age, as new inevitably
become old! Routine servicingcomplete
mechanical restorations/rebuilds
— cosmetic repair/paintwork to
complete frame-off restoration. Large
inventory of parts. All services as well
as our current unventory of automobiles
for sale can be seen at
www.autosportdesigns.com. (NY)
Carobu Engineering. 949.722.9307,
Ferrari specialist. Engine rebuilding/
development, dyno-testing, parts and
service. Your source for high-performance
brakes, suspension, gaskets,
engine parts, wheels and exhaust.
Dealer for Tubi, Brembo, Koni, Razzo
Rosso, Sangalli, Zanzi, Novitech Rosso
and X-Ost. www.CAROBU.com.
Radcliffe Motor Company.
Hagerty Insurance Agency, LLC.
Reliable Carriers, Inc. 877.744.7889,
As the country’s largest enclosed auto
transport company, Reliable Carriers
faithfully serves all 48 contiguous United
States and Canada. Whether you’ve
entered a concours event, need a relocation,
are attending a corporate event, or
shipping the car of your dreams from
one location to another, one American
transportation company does it all.
www.reliablecarriers.com
Collector Car Insurance
Fourintune Garages Inc.
Heacock Classic. 800.678.5173, We
Barrett-Jackson is proud to endorse
a new breed of insurance for classic,
antique, exotic, special-interest, contemporary
classic and limited-edition
cars.
166
understand the passion and needs of the
classic-car owner; agreed value, one
liability charge, 24-hour claim service
and paying by credit card. We provide
classic car insurance at rates people can
afford! Instant quotes at
www.heacockclassic.com. (FL)
262.375.0876, www.fourintune.com.
Complete ground-up restoration on
British Marques — specializing in
Austin-Healeys since 1976. Experience
you can trust, satisfied customers
nationwide. Visit our website for details
on our restoration process which includes
a complete quotation on Healeys.
Located in historic Cedarburg — just
minutes north of Milwaukee, Wisconsin.
(WI)
T. Rutlands & T. Rutlands West
provides international service from one
of the world’s largest Ferrari parts inventories
coast to coast. We have more
Ferrari parts, more Ferrari parts experience
and better Ferrari parts prices than
most anyone. Since 1981 T. Rutlands
has been building valuable partnerships
with the Ferrari industry’s most
respected repair shops, professionals
and car owners seeking to provide a
one-stop shopping experience for Fer-
Sports Car Market
800.922.4050, is the leading insurance
agency for collector vehicles in the
world and host to the largest network of
collector car owners. Hagerty offers insurance
for collector cars, motorcycles
and motorcycle safety equipment, tractors,
automotive tools and spare parts,
and even “automobilia” (any historic
or collectible item linked with motor
vehicles). Hagerty also offers overseas
shipping/touring insurance coverage,
commercial coverage and club liability
coverage. For more information, call or
visit www.hagerty.com. (MI)
Classic Showcase. 760.758.6100,
restoration 760.758.6119. World class
full service restoration facility. Creating
show/show drivers, and driver
restorations. Specializing in British,
German and Italian classics. Superb fit;
attention to detail; great craftsmanship;
knowledgeable staff; passionate on
quality. Located in San Diego County.
sales@classicshowcase.com
www.classicshowcase.com. (CA)
410.517.1681, The Mid-Atlantic’s
premier facility for the maintenance,
repair, and light restoration of exotic
Italian and fine European automobiles.
Having gained the trust of the exotic
car community we are known for our
proficiency and workmanship. Host of
the annual Vintage Ferrari All Italian
Car Event each May, you are cordially
invited to attend. Visit our website for
more information about our shop, and
see photos of past events.
www.RMCCAR.com.
British Sports and Race Cars BoughtSold-Traded.
Located in Beautiful Vero
Beach, Florida. In business for over
25 years, specializing in Lotus, TVR,
Griffith, Jaguar, Austin Healey, MG,
Marcos, Panoz, Lola, and more. Over
50 sports and race cars always in stock.
Please check our website for our latest
inventory offerings:
www.wirewheel.com. (FL)
Ferrari/Maserati/Lamborghini
To get a quote is even easier with our
new online improvements. Go to
www.barrett-jackson.com/insurance/,
select Get a Quote, enter in a couple of
key pieces of information about your
vehicle and get an estimated quote
within seconds! It’s that easy.
Don’t be caught without the right
insurance for your vehicle. In the unfortunate
aftermath of damage to your
vehicle, learning that your insurance
won’t restore your prized possession
to its former glory, or appropriately
compensate you for your loss, is the last
thing you want to hear. To get a quote
by phone, call 877.545.2522.
J.C. Taylor Insurance.
800.345.8290, Antique, classic, muscle
or modified — J.C. Taylor Insurance
has provided dependable, dynamic,
affordable protection for your collector
vehicle for over 50 years. Agreed
Value Coverage in the continental U.S.,
and Alaska. Drive Through Time With
Peace of Mind with J.C. Taylor Insurance.
Get a FREE instant quote online
at www.JCTaylor.com.
English
Kevin Kay Restorations.
530.241.8337, 1530 Charles Drive, Redding,
CA 96003. Aston Martin parts,
service, repair and restoration. From an
oil change to a concours-winning restoration,
we do it all. Modern upgrades
for power steering, window motors,
fuel systems and more. Feltham Fast
performance parts in stock. We also
cater to all British and European cars
and motorcycles.
www.kevinkayrestorations.net. (CA)
RESOURCE DIRECTORY

Page 165

CAR COLLECTOR
AMERICAN
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877.219.2605 Ext. 1
AmericanCarCollector.com
WHAT’S YOUR
CAR WORTH?
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April 2014
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based on over 500,000 sold
transactions from
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Updated weekly.
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167
Keith Martin’s

Page 166

rari parts, tools and accessories. Ferrari
parts are our only business and we are
true product and service specialists
in every sense of the word. When you
need a comprehensive parts selection
for both vintage and contemporary Ferraris,
you can count on a single-source
leader in the Ferrari parts business…T.
Rutlands.
Call us Toll Free 800.638.1444, Internationally
770.493.8852. Email: Sales@
trutlands.com. www.trutlands.com
Finance
European Collectibles, Inc.
J. J. BEST BANC & CO. provides
financing on classic cars ranging from
1900 to today. Visit our website at
www.jjbest.com or call 1-800-USA-1965
and get a loan approval in as little as
5 minutes!
949.650.4718, European Collectibles
has been buying, consigning, selling
and restoring classic European sports
cars since 1986. We specialize in
Porsche (356 and 911) 1950s to early
1970s along with other marks including
Mercedes, Aston Martin, Ferrari,
MG, Austin Healey & Jaguar with 40
vehicles in stock to choose from. European
Collectibles also offers complete
mechanical and cosmetic restorations to
concours level along with routine service.
Located in Orange County, CA,
between Los Angeles and San Diego.
Sales@europeancollectibles.com or
visit our website
www.europeancollectibles.com. (CA)
Ferrari Financial Services.
201.510.2500, As the world’s only
Ferrari-owned finance company, no one
understands a Ferrari customer’s unique
perspective better than the company
that designed these iconic sports cars.
Whether it’s a line of credit for owners
interested in utilizing the equity in their
collection, or a simple interest loan, we
stand committed to help our clients enhance
their collection — without origination
or early termination fees. “FFS”
offers a level of expertise that cannot be
matched by other lenders.
Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com.
Italian
restorations. Specializing in German,
British, and Italian classics. Superb fit,
attention to detail, great craftsmanship,
knowledgeable staff, passionate on
quality. Located in San Diego County.
sales@classicshowcase.com
www.classicshowcase.com. (CA)
Hamann Classic Cars.
203.918.8300, with more than 30 years
in the industry and worldwide clientele
in dealing in European race and sports
cars, specializes in classic Ferraris of
the '50s & '60s. www.ferrari4you.com
Leasing
LeMay Family Collection FoundaPutnam
Leasing. 866.90.LEASE.
Mercedes-Benz Classic Center.
1.866.MB.CLASSIC, The center of
competence for classic Mercedes-Benz
enthusiasts — for vintage car sales,
meticulous restorations by manufacturer-trained
technicians and the widest
selection of Genuine Mercedes-Benz
Classic Parts, we are the source.
www.mbclassiccenter.com. (CA)
Import/Export
Premier Financial Services is the
nation’s leading lessor of vintage and
exotic motorcars. Our Simple Lease
Program is ideal for those who wish to
own their vehicle at the end of the term,
as well as for those who like to change
cars frequently. Our Simple Interest
Early Termination Program allows you
the flexibility of financing with the tax
advantages of leasing. Contact Premier
at 877.973.7700 or info@pfsllc.com.
www.premierfinancialservices.com (CT)
German
For over 30 years, Putnam Leasing
has been the leader in exotic, luxury,
and collector car leasing. This honor
comes from Putnam’s unique ability
to match the car of your dreams with
a lease designed just for you. Every
Putnam Lease is written to provide
maximum flexibility while conserving
capital, lowering monthly payments,
and maximizing tax advantages. Its
Putnam’s way of letting you drive more
car for less money. For leases ranging
from $50,000 to more than one million
dollars, with terms extending up to 84
months contact the oldest and most
experienced leasing company in the
country by calling 1.866.90.LEASE. Or
just visit www.putnamleasing.com.
Legal
Law Offices of Bruce Shaw
Collector Car Fraud Specialists,
www.shawlaws.com. A motorhead law
firm with real practical knowledge and
experience in the Collector Car Field.
Experience: Chain of speed shops,
Body Shops, Car Dealerships, former
NCRS judge as well as licensed attorneys.
Estate planning and divorce
settlements concerning Collector Cars.
50 State Representation. 215.657.2377
Mercedes-Benz
The SL Market Letter,
Cosdel International Transportation.
Classic Showcase. 760.758.6100,
restoration 760.758.6119. World class
full-service restoration facility. Creating
show/show drivers, and driver
Since 1960 Cosdel International Transportation
has been handling international
shipments by air, ocean and truck.
Honest service, competitive pricing
and product expertise have made Cosdel
the natural shipping choice for the
world’s best-known collectors, dealers
and auction houses. If you are moving
a car, racing or rallying, or attending a
concours event overseas, Cosdel is your
comprehensive, worldwide resource for
all of your nationwide and international
shipping needs. We are your automobile
Export Import Experts.
415.777.2000
carquotes@cosdel.com.
www.cosdel.com. (CA)
612.567.0234 NOT just SLs but all rare
and collectible Mercedes! A key resource
on Mercedes since 1982. 100s of
Mercedes for sale, market news, price
analysis & special reports in every
issue & website. 1 & 2 yr. subscriptions
open the door to one-on-one SLML
help finding & selling specific models.
Ask about our private sales program.
www.slmarket.com (MN)
Museums
tion at Marymount Events Center near
Tacoma, WA, hosts an epic backdrop
for your next event. Home to 500 fabulous
collector cars, world class art exhibits,
and assorted ephemera, consider
your next event here. Weddings, swap
meets, conventions, auctions. The facility
can likely exceed your expectations.
Visit during the 37th annual open house
along with 13,000 other enthusiasts.
253.272.2336 www.lemaymarymount.
org (WA)
Parts and Accessories
Baldhead Cabinets. 877.966.2253.
The garage is no longer a place to cast
off items unwanted. It is a destination
in itself. We are a full-service, family
owned company that designs and manufactures
custom metal cabinets in Bend,
OR. Choose from meticulously crafted
storage cabinets, TV cabinets, sink
cabinets, or our ever popular pull out
fastener bin cabinet, just to name a few.
www.baldheadcabinets.com
events, concerts and even drive-in
movies. Open daily from 10 a.m. to 5
p.m., tickets are $14 for adults, $12 for
seniors/students/military and $8 for
youth. ACM is free for members and
kids five and under. www.lemaymuseum.org.
(WA)
California Car Cover Company.
More than just custom-fit car covers,
California Car Cover is the home
of complete car care and automotive
lifestyle products. Offering the best in
car accessories, garage items, detailing
products, nostalgic collectibles, apparel
and more! Call 1-800-423-5525 or visit
Calcarcover.com for a free catalog.
Griot’s Garage —Car Care for
LeMay—America’s Car Museum
spotlights America’s love affair with
the automobile. The museum rests on
a nine-acre campus featuring rotating
galleries, a 3.5-acre show field, theatre,
café, banquet halls, racing simulators
and slot car racing. ACM hosts annual
the Perfectionist! Griot’s Garage
celebrates over 22 years as your best
source for a full line of quality car care
products. We Make It. We Teach It. We
Guarantee It. Call today for your free
catalog or enjoy the easy-to-use website
for fast, fun and easy ordering. Our
number one goal is to ensure that you
always...Have fun in your garage!
800.345.5789 • www.griotsgarage.com
www.inmygarage.com. (WA)
168
Sports Car Market
RESOURCE DIRECTORY

Carl Bomstead
eWatch
What Would Elmer Fudd Say?
A 10-foot-tall statue of Bugs Bunny brings a towering price
at Barrett-Jackson’s Scottsdale auction
Thought
Carl’s Barrett-Jackson, at their recent January Scottsdale extravaganza, offered an interesting and varied array of
automobilia. As is the case with most auctions, there are tomatoes and potatoes. A very desirable Veltex
handy oiler was a steal at $50, and four Stanley Wanlass sculptures went for a song. On the other hand, a
10-foot-tall Warner Brothers Studio three-dimensional statue of Bugs Bunny sold for an astonishing $51,750 including
the 15% vig. Go figure.
Here are some other cool pieces that caught our eye, and we at least know what we would do with them — unlike
Bugs Bunny — if we were the successful bidder:
EBAY #171163728001—
CONFERENCE TABLE
FROM SHELBY AMERICA
LAS VEGAS. Number of Bids:
55. SOLD AT: $3,550. Date:
11/6/2013. This 120-inch-by48-inch
conference table was
custom-built, and it was stated
that every decision regarding
Shelby America was made
around this table. In addition
to the provisions for Internet
access, die-cast Shelby models
were displayed under glass in the
center. Certainly a conversation
piece for the Shelby guy who has
everything.
in excellent condition, with the
taillights and mirrors intact. The
colors were bright, and there was
no damage to the vehicle. The
box had some minor wear to the
corners but was very acceptable.
A very gentle child must have
played with this toy. This was
one of the more desirable Japanese
tin toys, and while expensive,
it was not out of line.
worse for wear, as the edges were
chewed up and there were two
good-sized whacks in the body
of the plate. On the other hand, it
is rare as heck. In better condition,
this would have brought
over three grand.
EBAY #221328654954—
EBAY #350973787584—
BONHAMS LOT 6057—
1962 CHRYSLER IMPERIAL
TOY BY ASAHI COMPLETE
WITH BOX. SOLD AT:
$17,500, INCLUDING 25%
BUYERS PREMIUM. Date:
1/27/2014. This 15-inch pressedtin
Chrysler Imperial toy was
JOHNSON GASOLINE
PORCELAIN PUMP PLATE.
Number of Bids: 39. SOLD AT:
$6,600. Date: 1/17/2014. Johnson
Gasoline was based in Chicago
and was popular throughout the
Midwest. They were eventually
acquired by Chevron. Their
winged “Time Tells” hourglass
logo makes the brand very collectible
today. This porcelain
pump plate was for Brilliant
Bronze gasoline, which was
their secondary discount brand.
It was in very decent condition,
and with 39 bids, attracted a lot
of attention and sold for strong
money.
MERCURY WOODIEWAGON
PEDAL CAR.
Number of Bids: 32. SOLD AT:
$2,550. Date: 12/8/2013. This
was a remarkable pedal car in
that the wood was original and in
good condition. The paint was a
little worn, but the decals were in
good shape. The body was solid,
and the original wheels were decent,
although one wheel cap is
missing. It would be a shame to
restore this, but I bet that’s what
will happen.
EBAY #221343201048—
EBAY #191020375239—
1909 LITTLE ROCK
TWO-DIGIT PORCELAIN
LICENSE PLATE. Number of
Bids: 9. SOLD AT: $2,491.21.
Date: 1/9/2014. Single- and
double-digit license plates are
very desirable — and bring the
money. This one was a little
SUBSCRIPTION INFORMATION
Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage
paid at Portland, OR, and at additional mailing offices.
Subscription rates are $65 for 12 monthly issues in the U.S., $95 Canada/Mexico, Europe $105, Asia/Africa/Middle East $115. Subscriptions are payable in advance in U.S.
currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com.
170
FERRARI TESTAROSSA
THREE-PIECE LUGGAGE
SET. Number of Bids: Buy-itNow.
SOLD AT: $1,900. Date:
1/2/2014. This three-piece luggage
set was made by Schedoni
in Modena, and each piece is
stamped with the Ferrari logo
and “Testarossa.” Seller stated
they had never been used, and
they appeared to be in exceptional
condition. If you have the
car in your garage, then this was
a must-have for display or actual
use. ♦
POSTMASTER
Send address changes to:
Sports Car Market
PO Box 4797, Portland, OR 97208
CPC IPM Sales Agreement No. 1296205
Sports Car Market